secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001477932-23-000643
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden receives Nasdaq noncompliance notice for insufficient publicly held shares after reverse split
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- As of Jan 26, 2023 after 30-for-1 reverse split, publicly held shares fell below Nasdaq minimum of 500,000.
- Nasdaq letter dated Jan 27, 2023; company must submit compliance plan by March 13, 2023.
- No immediate impact on listing; company intends to complete a public offering to regain compliance.
- If plan not accepted, Nasdaq will issue delisting notice subject to appeal to a hearings panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793223000643/0001477932-23-000643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793223000643/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-000643

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