Arcadia Biosciences reports default on $2M note payment from Above Food Corp; buyer in receivership

Arcadia Biosciences, Inc.

Above Food Corp failed to pay $2M principal plus ~$475k interest due May 14, 2025 on note from GoodWheat sale.
Arcadia delivered notice to require ~3.5M AFII shares as prepayment of final $2M installment; no shares delivered.
Above Food Corp is subject to Canadian receivership proceedings; Arcadia intends to enforce remedies.
First of three annual $2M installments defaulted; entire unpaid balance may be accelerated under note terms.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.