Connect with us

Press Release

Above Food and Bite Acquisition Corp. Announce Approval of Business Combination by Above Food Shareholders

Published

on

(via TheNewswire)

Above Food Corp.

Calgary, Alberta and New York, NY TheNewswire – June 11, 2024 — Above Food Corp. (the “Company” or “Above Food“) and Bite Acquisition Corp. (NYSE AMERICAN: BITE) (“Bite“) today announced that the Company’s shareholders have unanimously approved the previously announced plan of arrangement (the “Arrangement“) in respect of the business combination among Bite, the Company, Above Food Ingredients Inc. (“New Above Food“) and Above Merger Sub, Inc. (the “Business Combination“) at the Company’s special meeting of shareholders held on June 7, 2024 (the “Special Meeting“).

The special resolution approving the Arrangement (the “Arrangement Resolution“) was required to be approved by at least two-thirds (66 2/3%) of the votes cast by the Company’s shareholders represented in person or by proxy at the Special Meeting. A total of 53,222,427 of the Company’s common shares, representing approximately 68% of votes entitled to be cast at the Special Meeting, were represented in person or by proxy at the Special Meeting and all (100%) of the votes at the Special Meeting were voted in favour of the Arrangement Resolution.

The Special Meeting was called in accordance with the interim order granted on May 29, 2024 by the Court of King’s Bench of Alberta (the “Court“) in connection with the Arrangement. The Company will seek a final order approving the Arrangement from the Court on June 18, 2024. Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including receipt of final Court, stock exchange and regulatory approvals.

About Above Food

Above Food Corp. is a differentiated, regenerative ingredient company that celebrates delicious products made with real nutritious, flavorful ingredients and delivered with transparency. Above Food’s vision is to create a healthier world — one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, Above Food delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food’s consumer products and brands are available online at www.abovefood.com and in leading grocers across Canada and the United States.

About Bite Acquisition Corp.

Bite Acquisition Corp is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Bite is led by Chair and CEO Alberto Ardura and a team of successful industry executives, and venture capital investors who have long track records of operating business in the restaurant and food industries.

Cautionary Statement Regarding Forward-Looking Information

This press release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively “forward-looking information“), which are based on Above Food’s and Bite’s current internal expectations, estimates, projections, assumptions and beliefs. The use of any of the words “believe”, “estimate”, “anticipate”, “expect”, “plan”, “predict”, “outlook”, “target”, “project”, “plan”, “may”, “could”, “will”, “shall”, “should”, “intend”, “potential”, “seek”, “future”, “outlook” and similar expressions that predict or indicate future events or trends or events that are not statements of historical matters are intended to identify forward-looking information. Forward-looking information in this press release includes, but is not limited to: statements regarding the anticipated benefits of the Business Combination, particularly that the Business Combination will offer certain advantages to Above Food’s shareholders and Bite stockholders; the expectation that following completion of the Business Combination, the Above Food’s shareholders and Bite stockholders will continue to participate in the upside of the combined company; and statements regarding estimates and forecasts of financial and performance metrics and projections of market opportunity. Forward-looking information is not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability.

Above Food and Bite currently believe the expectations reflected in the forward-looking information in this press release are reasonable, but no assurance can be given that these expectations will prove to be correct, and readers should not place undue reliance on such forward-looking information. The forward-looking information in this press release is subject to a number of known and unknown risks and uncertainties that could cause actual events or results to differ materially, including, but not limited to: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed Business Combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company, the expected benefits of the proposed Business Combination are not obtained or that any of the conditions to closing are not satisfied or that events or other circumstances give rise to the termination of the business combination agreement relating to the proposed Business Combination; (iii) changes to the structure of the proposed Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining the necessary regulatory approvals; (iv) the ability to meet stock exchange listing standards following the consummation of the proposed Business Combination; (v) the risk that the proposed Business Combination disrupts current plans and operations of Above Food as a result of the announcement and consummation of the proposed Business Combination; (vi) failure to realize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) costs related to the proposed Business Combination; (viii) changes in applicable law or regulations; (ix) risks relating to the uncertainty of the projected financial information with respect to Above Food; (x) the outcome of any legal proceedings that may be instituted against Bite or Above Food; (xi) the effects of competition on Above Food’s future business; (xii) the impact of the COVID-19 pandemic on Above Food’s business; (xiii) the ability of Bite or the combined company to issue equity or equity-linked securities or obtain debt financing in connection with the proposed Business Combination or in the future; (xiv) the enforceability of Above Food’s intellectual property rights, including its copyrights, patents, trademarks and trade secrets, and the potential infringement on the intellectual property rights of others; (xv) Above Food’s ability to execute its planned acquisition strategy, including to successfully integrate completed acquisitions and realize anticipated synergies; and (xvi) those factors discussed under the heading “Risk Factors” in Bite’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission (the “SEC“) on March 11, 2024, the definitive proxy statement/prospectus filed on April 9, 2024 by Bite and New Above Food and other documents filed, or to be filed, by Bite and/or New Above Food with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking information. There may be additional risks that none of Bite or Above Food presently know or that Bite or Above Food currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking information.

In addition, forward-looking information reflects Bite’s and Above Food’s expectations, plans or forecasts of future events and views as of the date of this press release. Bite and Above Food anticipate that subsequent events and developments may cause Bite’s and Above Food’s assessments to change. However, while Bite and Above Food may elect to update the forward-looking information at some point in the future, Bite and Above Food specifically disclaim any obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Nothing in this press release should be regarded as a representation by any person that the forward-looking information set forth herein will be achieved or that any of the contemplated results of such forward-looking information will be achieved. Accordingly, undue reliance should not be placed upon the forward-looking information. The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement.

Contacts Media:

media@abovefood.com

Investors:

investors@abovefood.com

Copyright (c) 2024 TheNewswire – All rights reserved.

comtex tracking

COMTEX_453656625/2895/2024-06-11T08:31:44

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Foundation Lets Ledger Users Switch to Open Source Without Starting Over

Published

on

Boston, MA, USA, September 15th, 2026, FinanceWire

Legacy Mode brings open source apps developed for Ledger to Passport, letting users keep their existing accounts and familiar wallets on hardware assembled in the United States.

Foundation today announced the beta release of Legacy Mode for Passport, enabling Ledger users to switch to open source hardware and software while keeping their existing accounts for supported assets. Legacy Mode runs open source cryptocurrency apps originally developed for Ledger and connects to familiar software wallets over USB.

The release accompanies Foundation’s Switch campaign, built around a simple promise: switch to open source without starting over. As Ledger phases out support for the original Nano S, users can switch to Passport without transferring supported assets to new accounts. Their addresses, balances, and transaction history stay the same.

“We started Foundation because we believe an open, decentralized Internet must be built on a foundation of open source hardware and software,” said Zach Herbert, cofounder and CEO of Foundation. “But people have spent years building their wallet setups. Asking them to move every asset and relearn everything is a real barrier. Legacy Mode lets them keep what they’ve built and put it on an open source foundation.”

Ledger and its developer community have built an extensive library of open source cryptocurrency apps. Those apps normally run on Ledger’s operating system, which includes proprietary code. Foundation’s compatibility layer allows supported apps to run on KeyOS, the fully open source operating system powering Passport.

KeyOS is a microkernel operating system written in Rust, with isolated processes and sandboxed apps. Foundation publishes its operating-system source code and hardware designs so developers and security researchers can inspect how Passport works.

“We reimplemented the interfaces that Ledger’s open source apps use to talk to BOLOS, its operating system,” said Ken Carpenter, cofounder and CTO of Foundation. “That includes cryptographic operations, screen rendering, and USB communication. We can compile the existing app code for Passport and run it on KeyOS, without running Ledger’s proprietary operating system.”

Ethereum and Solana are the first supported app families, selected for their broad adoption. Early beta users have tested compatibility with Rabby for Ethereum and EVM networks, and Phantom for Solana, over USB. Foundation plans to add further open source Ledger apps as users and developers need them.

Legacy Mode launches in beta today as an optional, manual installation on Passport Prime. Users enter their existing recovery phrase on the device and connect to a compatible software wallet over USB. Foundation welcomes feedback from beta users to help improve compatibility and installation ahead of the full release this fall.

Legacy Mode is a bridge to native KeyOS apps. As developers release apps built specifically for Passport, users can install them on the same device and choose when to move beyond Legacy Mode.

The Foundation SDK is available now, and KeyOS 1.4.0 introduced app sideloading. This fall, a new KeyOS release will bring Foundation’s app catalog, where users will be able to seamlessly access a growing catalog of native KeyOS apps from Foundation and third-party developers – and install them with a single tap.

Passport Prime is available starting at $349. To see the Switch campaign, supported apps, and installation guides, visit foundation.xyz/switch.

About Foundation

Foundation builds Human Authority Hardware: open source security devices that give individuals control over their money, identity, and digital lives. Its flagship device, Passport Prime, combines hardware security with KeyOS, an open source operating system for independently developed apps. Foundation’s hardware is assembled in the United States. Learn more at foundation.xyz.

For media inquiries, users can contact 21M Communications: phil@21mcommunications.com.

Ledger and BOLOS are trademarks of Ledger SAS. Foundation is not affiliated with Ledger, and Legacy Mode is not sponsored or endorsed by Ledger. References to Ledger are for identification and compatibility purposes only.

Contact

Founder
Phil
21M Communications
phil@21mcommunications.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Karen Gallagher Interiors Expands Interior Design Services to Jupiter and South Florida

Published

on

Karen Gallagher Interiors is expanding its full service interior design work to Jupiter and surrounding South Florida communities. The firm focuses on personalized residential interiors for renovations, new construction, waterfront properties and second residences.

Karen Gallagher Interiors Expands Interior Design Services to Jupiter and South Florida

The residential design firm brings its personalized approach to renovations new construction and complete home interiors throughout the region

West Palm Beach, Florida, United States, 15th Sep 2026 – Karen Gallagher Interiors is expanding its full-service residential interior design services to Jupiter and surrounding South Florida communities, bringing a personalized approach to homeowners undertaking renovations, new construction, second residences and complete interior transformations. The expansion introduces the firm’s fresh, timeless and refined design perspective to a region known for waterfront properties, coastal architecture and homes that balance indoor and outdoor living.

Personalized Residential Design for South Florida Homes

The firm approaches residential design by first considering how clients live, use their homes and want their surroundings to feel. Each project is developed around the homeowner’s individual preferences rather than a predetermined aesthetic, allowing the design process to respond to the architecture, location and practical requirements of the residence. Projects may range from coastal cottages and waterfront properties to contemporary homes and urban-inspired interiors, with an emphasis on creating spaces that remain comfortable and functional while maintaining a cohesive visual identity.

South Florida presents distinct considerations for residential interiors, including abundant natural light, coastal surroundings, open floor plans and a lifestyle that often places greater emphasis on entertaining and connections between interior and exterior spaces. Karen Gallagher Interiors incorporates those characteristics into the planning process while developing interiors intended to feel appropriate to both the property and the people who live there.

Full Service Guidance From Initial Concepts Through Completion

Karen Gallagher Interiors provides hands-on involvement throughout the design process, helping clients manage the numerous decisions associated with a residential project. The firm’s work can encompass early design concepts, space planning, material and finish selections, furnishings and the final details that establish continuity throughout a home. This full-service structure is intended to maintain a consistent design direction as a project progresses from its initial planning stages through installation and completion.

For renovations and new construction, early coordination can also help homeowners consider how architectural elements, finishes, furnishings and everyday functionality will work together before individual decisions are finalized. For second residences and complete interior updates, the process provides a central design direction that connects individual rooms while accounting for the way the property will be used.

Refined Interiors With an Emphasis on Lasting Appeal

The firm’s design perspective centers on interiors that feel current without depending heavily on short-lived trends. Materials, furnishings, proportions and details are considered as part of a broader composition, with the objective of creating homes that can evolve over time while retaining a sense of continuity.

That approach aligns with the range of residential styles found throughout Jupiter and South Florida, where traditional coastal influences increasingly exist alongside contemporary architecture and more transitional interiors. Rather than applying one style across every project, Karen Gallagher Interiors develops each residence according to its setting, architectural character and the client’s individual priorities.

Serving Jupiter and the Surrounding South Florida Community

The expansion into Jupiter allows Karen Gallagher Interiors to work with homeowners throughout a growing residential market that includes primary homes, seasonal properties, waterfront residences and newly constructed communities. The firm will continue to focus on residential projects requiring individualized design planning and direct involvement throughout the process.

The Jupiter presence represents an extension of Karen Gallagher Interiors’ established approach to residential design, with an emphasis on thoughtful planning, personal collaboration and interiors tailored to the people who occupy them. Additional information about the firm and its interior design services is available through the Karen Gallagher Interiors website.

About Karen Gallagher Interiors

Karen Gallagher Interiors is a full-service residential interior design firm providing a personalized and hands-on approach to renovations, new construction, waterfront homes, second residences and complete interior transformations. The firm creates fresh, timeless and refined interiors developed around each client’s lifestyle, preferences and vision.

Media Contact

Organization: Karen Gallagher Interiors

Contact Person: Karen Gallagher

Website: https://www.kgallagherinteriors.com/

Email: Send Email

City: West Palm Beach

State: Florida

Country: United States

Release id: 49142

The post Karen Gallagher Interiors Expands Interior Design Services to Jupiter and South Florida appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

STARDOC, Simultaneously Strengthens Its Hospital Marketing Strategy Through AI and Branding

Published

on

Physician-led STARDOC Marketing offers hospital-specialized branding strategies using SEO, GEO, and AEO technologies, backed by a trade-area analysis system built on roughly 4 trillion data points. Its reach spans Naver, Google, YouTube, Instagram, and generative AI platforms like GPT and Gemini. Recognized by Seoul Startup Hub (2018) and ranked top 1% by the Ministry of SMEs and Startups (2019), it launched a new AI-based GEO platform in 2026.

Gangnam-gu, Seoul, Korea South, 15th Sep 2026 – STARDOC Marketing (CEO Lee Seung-jun), a hospital-specialized marketing consulting firm led by a physician-turned-CEO, is drawing attention in the AI search market for hospitals, where specialized expertise is increasingly valued.

STARDOC supports opening marketing and online branding for a wide range of medical specialties, including dermatology, orthopedics, dentistry, oriental medicine clinics, and plastic surgery. Because its CEO has a medical background, the company is able to produce content that reflects an understanding of medical terminology and clinical context. Equipped with the latest SEO, GEO, and AEO technologies, STARDOC is one of the few hospital-specialized marketing agencies in Korea capable of maximizing both exposure and conversion rates through website optimization and AI optimization.

In a recent interview, a company representative said, “Unlike conventional marketing that focuses simply on exposure, we establish customized strategies for each hospital through preliminary research, interviews, and brand planning.” The representative added, “In addition to analyzing potential patients and creating authentic content, we operate a media-mix strategy that spans Naver, Google, YouTube, and Instagram, as well as generative AI search platforms such as GPT and Gemini. We also use our proprietary hospital-specific trade-area analysis system, built on roughly 4 trillion data points, as the evidentiary basis for branding strategy — reducing analytical error and dramatically increasing the probability of marketing success.”

STARDOC’s track record includes being selected as an Outstanding Future Growth Engine Company by Seoul Startup Hub in 2018. In 2019, it was named a top 1% company in the Ministry of SMEs and Startups’ Big Data-Driven Startup Project and was designated a Big Data Advisory Company by the Seoul Metropolitan Government. Since then, the company has expanded into areas such as medical building development and global patient attraction projects, and in 2026 it launched a new AI-based GEO marketing platform.

The company stated, “This service is especially well-suited for hospital directors who haven’t felt the effects of their marketing efforts, or who are still weighing their direction ahead of opening a practice.” It added that directors of hospitals currently using its services have reported achieving revenue targets ahead of schedule and experiencing increased revenue overall. “For hospital directors concerned about revenue amid recent shifts in industry trends, STARDOC’s marketing approach could represent a new opportunity,” the company said.

STARDOC Marketing is headquartered on Teheran-ro in Gangnam-gu, Seoul, and consultation inquiries can be submitted through its website, https://www.startdoctor.co.kr

Media Contact

Organization: Stardoc Marketing

Contact Person: James

Website: https://www.startdoctor.co.kr/

Email: Send Email

Address: 21 Teheran-ro 57-gil, Gangnam-gu, Seoul

City: Gangnam-gu

State: Seoul

Country: Korea South

Release id: 49140

The post STARDOC, Simultaneously Strengthens Its Hospital Marketing Strategy Through AI and Branding appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST