secwatch.observer — SEC 8-K summary
======================================

Issuer:     Edible Garden AG Inc (EDBL)
CIK:        0001809750
Form:       8-K
Filed at:   2026-07-01T20:30:20+00:00
Accession:  0001477932-26-004151
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Edible Garden exchanges $1.83M preferred for 11M common shares; shareholders approve reverse split up to 1:250
--------------------------------------------------------------------------------

- Exchanged 1,830 shares of Series B Preferred (stated value $1.83M) for 11,000,786 common shares, significantly diluting existing shareholders.
- The exchange was conducted under Section 3(a)(9) exemption from registration.
- Shareholders approved a reverse stock split of common stock in a range from 1:5 to 1:250, effective within one year at board discretion.
- At the annual meeting, all five director nominees were elected and CBIZ was ratified as independent auditor for FY2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226004151/0001477932-26-004151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809750/000147793226004151/edbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-004151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer