other material
confidence high
sentiment neutral
materiality 0.55
Edible Garden exchanges Series B Preferred for 865,903 common shares in unregistered deals
Edible Garden AG Inc
- Exchanged 74 and 125 Series B Preferred shares (stated value $199,000 total) for 865,903 common shares on May 21 and June 8, 2026.
- Conversion price based on Nasdaq Minimum Price on day before each exchange agreement.
- Issuance exempt under Section 3(a)(9) of Securities Act; shares not registered.
- Counterparty is Streeterville Capital, LLC; terms reflect debt-to-equity conversion.