regulatory
confidence high
sentiment negative
materiality 0.70
Edible Garden receives Nasdaq bid price deficiency notice; appeals delisting
Edible Garden AG Inc
- Nasdaq notified on Oct 21, 2024 that EDBL fell below $1 bid for 30 consecutive days.
- Company requested a hearing on Oct 28, 2024 to appeal the delisting notice.
- Common stock and warrants (EDBLW) continue trading pending the Panel's written decision.
- No assurance that the Panel will grant additional time or that compliance can be met.
- Failure to regain compliance could result in delisting from Nasdaq.