{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-006533","form_type":"8-K","ticker":"EDBL","cik":"0001809750","company_name":"Edible Garden AG Inc","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.068803+00:00","generated_at":"2026-05-17T08:02:06.675224+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Edible Garden enters $1.75M secured note agreement with Avondale Capital","bullets":["Original principal $1.75M; net proceeds $1.395M after $350K OID and $5K transaction expenses.","Weekly payments of $43,750; no interest unless default, then 22% per annum.","Note secured by cash, accounts receivable, and other receivables.","Proceeds to repay Arin Funding LLC merchant cash advance and for working capital.","Most Favored Nation clause gives Avondale right to match more favorable terms in future debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-006533","json":"https://secwatch.observer/filing/0001477932-25-006533.json","markdown":"https://secwatch.observer/filing/0001477932-25-006533.md","text":"https://secwatch.observer/filing/0001477932-25-006533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1809750/000147793225006533/0001477932-25-006533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1809750/000147793225006533/elbl_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:02:06.675224+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f32385dbccc482a93189abd3494a47128b1700fa","claim":"Edible Garden AG Inc incurred loan of original principal amount of $1,750,000 with Avondale Capital, LLC at No interest will accrue on the Note unless an event of default occurs.","evidence_excerpt":"the Company agreed to issue and sell to Avondale a secured promissory note (the “Note”) with an original principal amount of $1,750,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1809750/000147793225006533/0001477932-25-006533-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"original principal amount of $1,750,000"},{"label":"Counterparty","value":"Avondale Capital, LLC"},{"label":"Rate","value":"No interest will accrue on the Note unless an event of default occurs"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}