Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Edible Garden AG Inc: Reverse stock split at a ratio of 1-for-30, effective January 26, 2023, reducing authorized shares from 200,000,000 to 6,666,667 (effective 2023-01-26).
- Change
- charter amendment
- Effective
- 2023-01-26
Exact text from the filing
As of January 24, 2023, the board of directors of Edible Garden AG Incorporated (the “Company”) approved a reverse stock split of the Company’s issued and outstanding common stock at a ratio of 1-for-30 shares, effective at 12:01 a.m. Eastern Time on January 26, 2023 (the “Reverse Stock Split”).
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Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Edible Garden AG Inc shareholders approved An amendment to the Company's Certificate of Incorporation to effect a reverse stock split of the Company's common stock in a range of 1-for-25 to 1-for-75, at the discretion of the board of directors at the 2023-01-24 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-01-24
Exact text from the filing
1. The Company’s stockholders voted to approve an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of the Company’s common stock in a range of 1-for-25 to 1-for-75, at the discretion of the board of directors. The number of shares that voted for, against, and abstained from voting for this proposal is summarized in the table below: FOR AGAINST ABSTAIN 6,203,776 358,386 1,391
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