other material
confidence high
sentiment neutral
materiality 0.50
Edible Garden exchanges $1.25M preferred stock for 537,335 common shares
Edible Garden AG Inc
- Exchanged 1,252 Series B Preferred shares (stated value $1,252,000) for 537,335 common shares with Streeterville Capital.
- Exchange price based on Nasdaq Minimum Price on Aug 2, 2026; issuance exempt under Section 3(a)(9).
- Preferred stock retired; common share count increases by 537,335 shares, diluting existing holders.
- Agreements dated Aug 3, 2026; unregistered sale of equity securities.