---
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"
generated_at: "2026-05-17T08:02:06.675224+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Edible Garden enters $1.75M secured note agreement with Avondale Capital

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-006533
- JSON: https://secwatch.observer/filing/0001477932-25-006533.json
- Plain text: https://secwatch.observer/filing/0001477932-25-006533.txt

## Key facts
- Debt Financings
  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.
  - Instrument: loan
  - Principal: original principal amount of $1,750,000
  - Counterparty: Avondale Capital, LLC
  - Rate: No interest will accrue on the Note unless an event of default occurs
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1809750/000147793225006533/0001477932-25-006533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.