Edible Garden AG Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Edible Garden AG Inc. (EDBL) on March 18, 2026, reporting events occurring on March 12, 2026. The Company is incorporated in Delaware and its common stock and warrants trade on The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on a specific corporate transaction.
Material Changes
On March 12, 2026, the Company entered into Exchange Agreements with Streeterville Capital, LLC. Under these agreements:
- The Company exchanged 121 shares of Series B Preferred Stock (aggregate stated value of $121,000) for 50,840 shares of Common Stock.
- The exchange ratio was determined by dividing the Preferred Stock's stated value by the Nasdaq Minimum Price of the Common Stock on the day preceding the agreement.
- The issuance of Common Stock was conducted pursuant to the exemption provided in Section 3(a)(9) of the Securities Act of 1933 and was not registered.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the description of the unregistered securities sale.
Investor Verification Checklist
- Verify the Nasdaq Minimum Price of EDBL common stock on March 11, 2026, to confirm the calculation of the 50,840 Exchange Shares.
- Confirm the current outstanding share count of Series B Preferred Stock following the exchange of 121 shares.
- Review the Company's latest 10-K or 10-Q filings for the most recent financial position, as this 8-K does not provide financial data.
- Check for any subsequent filings regarding the registration rights or vesting schedules associated with the newly issued Common Stock.