other material
confidence high
sentiment neutral
materiality 0.35
Edible Garden exchanges $135k Series B Preferred for 128,119 common shares in two deals
Edible Garden AG Inc
- On March 26 and April 15, 2026, exchanged 75 and 60 Series B Preferred shares (total stated value $135,000) for 128,119 common shares with Streeterville Capital.
- Exchange price based on Nasdaq Minimum Price day before each agreement; issued under Section 3(a)(9) exemption from registration.
- Issuance was unregistered, no underwriter; shares are restricted.
- Transaction reduces preferred stock outstanding and increases common share count by 128,119.