---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-000820"
form_type: "8-K"
ticker: "EDBL"
cik: "0001809750"
company_name: "Edible Garden AG Inc"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:57:47.163870+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Edible Garden closes $10.2M upsized public offering; believes it regains Nasdaq compliance

## Summary
- Sold 1,619,000 units at $6.30/unit; each unit includes one common share and one warrant exercisable at $6.30.
- Gross proceeds of ~$10.2M before underwriting discounts; over-allotment partially exercised for additional 242,850 warrants.
- Company believes it has regained compliance with Nasdaq stockholders' equity and publicly held shares requirements.
- Warrants expire 5 years from issuance; Representative's warrants exercisable at $6.93 with 180-day lock-up.
- Maxim Group acted as lead book-runner; Joseph Gunnar as joint book-runner.

## SEC filing metadata
- accession: 0001477932-23-000820
- form_type: 8-K
- ticker: EDBL
- cik: 0001809750
- company_name: Edible Garden AG Inc
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809750/000147793223000820/0001477932-23-000820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809750/000147793223000820/edbl_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-000820
- JSON: https://secwatch.observer/filing/0001477932-23-000820.json
- Plain text: https://secwatch.observer/filing/0001477932-23-000820.txt

## Key facts
- Material Agreements
  Edible Garden AG Inc entered into Underwriting Agreement with Maxim Group LLC valued at approximately $10.2 million (effective 2023-02-02).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC
  - Value: approximately $10.2 million
  - Effective: 2023-02-02
  source text: On February 2, 2023, Edible Garden AG Incorporated (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Maxim Group LLC, as representative of the underwriters (the “Representative”), for an underwritten public offering (the “Offering”) of an aggregate of 1,619,000 units (the “Units”) consisting of one share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), and one warrant to purchase one share of Common Stock (each a “Warrant” and collectively, the “Warrants”) at an exercise price equal to $6.30 per share of Common Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223000820/0001477932-23-000820-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.