Business Context and Reporting Period
Company: Edible Garden AG Inc
Filing Type: Form 8-K (Current Report)
Report Date: August 3, 2026
Event: Unregistered Sales of Equity Securities (Item 3.02)
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a specific equity transaction.
Material Changes
On August 3, 2026, the Company entered into exchange agreements with Streeterville Capital, LLC. The material changes include:
- Preferred Stock Exchanged: 1,252 shares of Series B Preferred Stock (aggregate stated value of $1,252,000).
- Common Stock Issued: 537,335 shares of Common Stock (Exchange Shares).
- Exchange Ratio Basis: The number of shares issued was calculated by dividing the Stated Value by the Nasdaq Minimum Price of the common stock on the day preceding the agreement.
- Regulatory Status: The issuance was not registered under the Securities Act of 1933, relying on the exemption provided in Section 3(a)(9).
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the standard disclosure of the unregistered sale of securities.
Investor Verification Checklist
- Verify the Nasdaq Minimum Price of EDBL common stock on August 2, 2026, to confirm the calculation of the 537,335 Exchange Shares.
- Confirm the current ownership percentage of Streeterville Capital, LLC following this exchange.
- Review the terms of the Series B Preferred Stock to ensure no other conversion rights or obligations remain outstanding.
- Check for any subsequent filings regarding the registration rights of the newly issued common stock.