---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-007937"
form_type: "8-K"
ticker: "EDBL"
cik: "0001809750"
company_name: "Edible Garden AG Inc"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:09:58.007881+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Edible Garden receives Nasdaq deficiency notice for bid price below $1

## Summary
- Nasdaq letter dated Oct. 24, 2023 cites non-compliance with minimum bid price of $1 per share.
- Company has 180 days (until April 22, 2024) to regain compliance by closing at $1+ for 10 consecutive business days.
- If not compliant by April 22, 2024, may qualify for a second 180-day period if other listing standards are met.
- Company plans to seek stockholder approval for a reverse stock split to boost per-share price.
- Notice has no immediate effect on listing; shares continue to trade on Nasdaq under EDBL.

## SEC filing metadata
- accession: 0001477932-23-007937
- form_type: 8-K
- ticker: EDBL
- cik: 0001809750
- company_name: Edible Garden AG Inc
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809750/000147793223007937/0001477932-23-007937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809750/000147793223007937/edbl_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-007937
- JSON: https://secwatch.observer/filing/0001477932-23-007937.json
- Plain text: https://secwatch.observer/filing/0001477932-23-007937.txt

## Key facts
- Listing & Compliance Notices
  Edible Garden AG Inc received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: October 24, 2023, Edible Garden AG Incorporated (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company no longer meets Nasdaq Listing Rule 5550(a)(2), which requires listed companies to maintain a minimum bid price of at least $1 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides a compliance period of 180 calendar days, or until April 22, 2024, in which to regain compliance with the minimum bid pric
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223007937/0001477932-23-007937-index.htm

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