secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001477932-24-006666
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden receives Nasdaq delisting notice due to bid price non-compliance; suspension set for Oct 30
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- Company received Nasdaq letter on Oct 21, 2024 for failing to maintain $1 minimum bid price for 30 consecutive days.
- Ineligible for compliance period due to reverse stock splits with cumulative ratio >250:1 in past two years.
- Trading suspension scheduled for Oct 30, 2024 unless appeal is filed by Oct 28.
- Company intends to request a hearing to stay suspension pending Panel decision.
- No assurance that Panel will grant additional time or that listing will be maintained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793224006666/0001477932-24-006666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793224006666/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-006666

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