--- schema_version: "secwatch.filing_event.v1" accession: "0001477932-23-008239" form_type: "8-K" ticker: "EDBL" cik: "0001809750" company_name: "Edible Garden AG Inc" filed_at: "2023-11-09T23:59:59+00:00" generated_at: "2026-06-08T07:23:10.518597+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # Edible Garden stockholders approve authorized share increase and reverse stock split ## Summary - Authorized common shares increased from 10M to 100M; total capital stock from 20M to 110M. - Reverse stock split approved in range of 1:5 to 1:50, at board discretion. - Proposal 1 (share increase): 3,010,950 for, 451,930 against, 54,725 abstain. - Proposal 2 (reverse split): 3,054,884 for, 425,530 against, 37,191 abstain. - Special meeting held Nov 6, 2023; certificate of amendment filed Nov 7, effective Nov 10. ## SEC filing metadata - accession: 0001477932-23-008239 - form_type: 8-K - ticker: EDBL - cik: 0001809750 - company_name: Edible Garden AG Inc - filed_at: 2023-11-09T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 3.03, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/0001477932-23-008239-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/edbl_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001477932-23-008239 - JSON: https://secwatch.observer/filing/0001477932-23-008239.json - Plain text: https://secwatch.observer/filing/0001477932-23-008239.txt ## Key facts - Governance Changes Edible Garden AG Inc: Stockholders approved a Certificate of Amendment to increase authorized shares of capital stock from 20,000,000 to 110,000,000 and authorized shares of common stock from 10,000,000 to 100,000,000 (effective 2023-11-10). - Change: charter amendment - Effective: 2023-11-10 source text: On November 6, 2023, Edible Garden AG Incorporated (the “Company”) held a special meeting of its stockholders (the “Special Meeting”). At the Special Meeting, the Company’s stockholders approved an amendment (the “Certificate of Amendment”) to the Company’s Certificate of Incorporation (the “Charter”) to increase the total number of authorized shares of capital stock of the Company from 20,000,000 to 110,000,000 and to increase the total authorized shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), from 10,000,000 shares to 100,000,000 shares. Following this approval, the Company filed the Certificate of Amendment with the Secretary of State of the State of Delaware on November 7, 2023. The effective date of the Certificate of Amendment is November 10, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/0001477932-23-008239-index.htm - Shareholder Votes Edible Garden AG Inc shareholders approved Adjourn the Special Meeting from time to time, if necessary or appropriate, including to solicit additional votes in favor of Proposal 1 and Proposal 2 if there were not sufficient votes at the time of the Special Meeting to adopt Proposal 1 and/or Proposal 2 or to establish a quorum. at the 2023-11-09 meeting. - Outcome: passed - Meeting: 2023-11-09 source text: 3. Proposal 3: The Company’s stockholders approved a proposal to adjourn the Special Meeting from time to time, if necessary or appropriate, including to solicit additional votes in favor of Proposal 1 and Proposal 2 if there were not sufficient votes at the time of the Special Meeting to adopt Proposal 1 and/or Proposal 2 or to establish a quorum. The number of shares that voted for, against, and abstained from voting for this proposal is summarized in the table below. For Against Abstain 3,038,270 426,131 53,204 evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/0001477932-23-008239-index.htm - Shareholder Votes Edible Garden AG Inc shareholders approved Increase the total number of authorized shares of capital stock from 20,000,000 to 110,000,000 and increase the total authorized shares of Common Stock from 10,000,000 to 100,000,000. at the 2023-11-09 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-11-09 source text: 1. Proposal 1: The Company’s stockholders approved the Certificate of Amendment to increase the total number of authorized shares of capital stock of the Company from 20,000,000 to 110,000,000 and to increase the total authorized shares of Common Stock of the Company from 10,000,000 to 100,000,000. The number of shares that voted for, against, and abstained from voting for this proposal is summarized in the table below. For Against Abstain 3,010,950 451,930 54,725 evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/0001477932-23-008239-index.htm - Shareholder Votes Edible Garden AG Inc shareholders approved Amendment to the Charter to effect a reverse stock split of the Common Stock in a range of not less than one-for-five shares but not more than one-for-fifty shares, at the discretion of the board of directors. at the 2023-11-09 meeting. - Proposal: reverse split - Outcome: passed - Meeting: 2023-11-09 source text: 2. Proposal 2: The Company’s stockholders approved an amendment to the Charter to effect a reverse stock split of the Common Stock in a range of not less than one-for-five shares but not more than one-for-fifty shares, 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 3,054,884 425,530 37,191 evidence_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793223008239/0001477932-23-008239-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.