other material
confidence high
sentiment neutral
materiality 0.60
Edible Garden exchanges Series B Preferred for 670,199 common shares
Edible Garden AG Inc
- On March 19, 24, and 26, 2026, exchanged 1,184 shares of Series B Preferred (stated value $1.184M) for 670,199 common shares.
- Exchange price based on Nasdaq Minimum Price of common stock on day prior to each agreement.
- Shares issued under Section 3(a)(9) exemption from registration; Streeterville Capital is the counterparty.
- Preferred had $1,000 stated value per share; conversion ratio implies approximately $1.77 per common share.