regulatory
confidence high
sentiment negative
materiality 0.85
Edible Garden AG Inc (EDBL): Nasdaq/NYSE listing notice — Edible Garden receives Nasdaq delisting notice for bid price non-compliance; intends to appeal
Edible Garden AG Inc
- Received deficiency letter on May 27, 2026 for failing minimum bid price of $1 per share for 30 consecutive business days.
- Ineligible for compliance period due to prior reverse stock splits with cumulative ratio >250:1.
- Trading suspension scheduled for June 5, 2026 unless appeal granted; hearing deadline June 3, 2026.
- Company intends to request a hearing, which will automatically stay suspension pending Panel decision.
- No assurance that appeal will succeed or that listing will be maintained.