secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001477932-26-001153
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden enters $1.625M secured note with Streeterville Capital at 8% interest, 13-month maturity
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- Principal of $1,625,000 with $120,000 OID and $5,000 transaction costs; net proceeds $1,500,000.
- Interest 8% per annum, matures 13 months from March 3, 2026.
- Monthly redemption limited to $50,000 starting after six months; prepayment permitted anytime.
- Secured by company assets (excluding Tetra Pak equipment); guaranteed by subsidiaries 2900 Madison Ave Holdings and Edible Garden Corp.
- Right of first refusal for Streeterville on up to $5M unsecured working capital loan for Edible Garden Prairie Hills.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226001153/0001477932-26-001153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226001153/elbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-001153

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