Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
Edible Garden AG Inc received a nasdaq noncompliance notice notice regarding shareholders (rules 5550(a)(4)).
- Exchange
- nasdaq
- Notice
- noncompliance notice
- Deficiency
- shareholders
- Rules
- 5550(a)(4)
Exact text from the filing
April 11, 2024, Edible Garden AG Incorporated (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company does not comply with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1) (the “Stockholders’ Equity Rule”) because: (i) the Company’s stockholders’ deficit of $288,000, as reported in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, is less than the required minimum of $2,500,000; and (ii) as of
View on SEC.gov
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
Edible Garden AG Inc received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).
- Exchange
- nasdaq
- Notice
- noncompliance notice
- Deficiency
- stockholders equity
- Rules
- 5550(b)(1)
Exact text from the filing
April 11, 2024, Edible Garden AG Incorporated (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company does not comply with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1) (the “Stockholders’ Equity Rule”) because: (i) the Company’s stockholders’ deficit of $288,000, as reported in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, is less than the required minimum of $2,500,000; and (ii) as of
View on SEC.gov