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 30, 2026, covering events occurring between March 19, 2026, and March 26, 2026. The Company is incorporated in Delaware and trades on the Nasdaq Capital Market. It is classified as an emerging growth company.
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
The Company executed unregistered sales of equity securities through exchange agreements with Streeterville Capital, LLC. Key details include:
- Transaction Dates: March 19, 2026; March 24, 2026; and March 26, 2026.
- Assets Exchanged: 55, 1,054, and 75 shares of Series B Preferred Stock (totaling 1,184 shares).
- Stated Value: The Preferred Stock had an aggregate stated value of $1,184,000 ($1,000 per share).
- Shares Issued: A total of 670,199 shares of Common Stock were issued in exchange.
- Pricing Mechanism: The number of common shares issued was calculated by dividing the Stated Value by the Nasdaq Minimum Price of the common stock on the day immediately preceding each agreement date.
- Regulatory Basis: The issuance was conducted pursuant to the exemption provided in Section 3(a)(9) of the Securities Act of 1933.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the unregistered sale of securities.
Investor Verification Checklist
- Verify the exact Nasdaq Minimum Price used for the conversion calculation on March 18, 23, and 25, 2026.
- Confirm the total outstanding share count of Common Stock post-issuance to assess dilution impact.
- Review the terms of the Series B Preferred Stock to understand the rights and preferences surrendered by Streeterville Capital, LLC.
- Check for any subsequent filings regarding the registration rights of the newly issued Exchange Shares.