other material
confidence high
sentiment neutral
materiality 0.70
Edible Garden enters $7.2M ATM equity distribution agreement with Maxim Group
Edible Garden AG Inc
- Agreement with Maxim Group LLC allows sale of up to $7,195,548 in common stock via at-the-market offering.
- Maxim receives 3.0% commission on gross proceeds; Company reimburses agent up to $30,000 for legal fees.
- Offering terminates August 11, 2027, or upon sale of all shares or termination by either party.
- Sales made under shelf registration statement on Form S-3 effective August 7, 2026.
- Company has no obligation to sell shares and may suspend or terminate the program at any time.