other material
confidence high
sentiment negative
materiality 0.60
Edible Garden AG announces 1-for-25 reverse stock split effective March 3, 2025
Edible Garden AG Inc
- Reverse stock split at 1-for-25 ratio, effective 12:01 am ET on March 3, 2025.
- No fractional shares; cash payment for fractional shares based on closing price before split.
- Authorized shares unchanged; par value remains $0.0001 per share.
- Proportionate adjustments to warrants, equity awards, and exercise prices.
- Trading symbols EDBL (common) and EDBLW (warrants) remain unchanged.