secwatch.observer — SEC 8-K summary
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Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2026-05-21T20:30:35+00:00
Accession:  0001477932-26-003390
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden exchanges $1.22M preferred stock for 3.25M common shares in unregistered deal
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- Exchanged 1,222 Series B Preferred shares ($1,000 stated value each) for 3,253,455 common shares.
- Exchange price based on Nasdaq minimum price on the day before the May 15, 2026 agreement.
- Issuance exempt from registration under Section 3(a)(9) of the Securities Act.
- Counterparty is Streeterville Capital, LLC; common shares dilutive to existing holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226003390/0001477932-26-003390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226003390/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-003390

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