Latham & Watkins Advises Above Food in Business Combination With Bite Acquisition Corp.

Above Food Corp. (Above Food or the Company), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, and Bite Acquisition Corp. (NYSE AMERICAN: BITE), a special purpose acquisition company, have announced that they have entered into a definitive business combination agreement, which values the Company at a pro forma enterprise value of approximately US$319 million. Upon closing of the proposed transaction, Above Food will become a public company and is expected to be listed on the NYSE under the new ticker symbol "ABVE.”

Latham & Watkins LLP is advising Above Food in the transaction with a corporate deal team led by Houston partners Ryan Maierson and Ryan Lynch, with Houston associates Denny Lee, Ziyad Barghouthy, Janhavi Das, Brian Bruzzo, and Rebekah Bingham. Advice was also provided on tax matters by Washington, D.C. partner Nicholas DeNovio, with Washington, D.C. associates Abigail Friedman and Eni Kassim; on FDA matters by Washington, D.C. partner Elizabeth Richards, with Washington, D.C. associates Meryl Bartlett and Emily Sachs; on intellectual property and data privacy matters by Bay Area partner Michelle Gross, with Boston associates Kiara Vaughn, and Austin associate Andrew Abokhair; on antitrust matters by Washington, D.C. partner Jason Cruise, Frankfurt partner Max Hauser, and Washington, D.C. counsel Peter Todaro, with Frankfurt associate Nicolas Jung; on FCPA matters by London/ Washington, D.C. partner Nathan Seltzer, with Washington, D.C. associate Jay Winkelman; on sanctions and exports controls matters by Washington, D.C. counsel Andrew Galdes, with Washington, D.C. associate Eric Green; on employee benefits matters by New York partner Adam Kestenbaum and Houston counsel Krisa Benskin; and on environmental, health, and safety matters by Los Angeles/Houston partner Josh Marnitz, with Washington, D.C. associate Phil Sandick.