On June 12, 2026, Edible Garden AG Incorporated entered into a Notes Purchase Agreement with Streeterville Capital, LLC for an aggregate purchase price of $12,000,000. The transaction includes a $2,170,000 Promissory Note A-1 bearing 8% annual interest and a $10,000,000 Secured Promissory Note B bearing 5% annual interest. Both notes mature 18 months from the purchase date. The debt is secured by a first-priority security interest in a deposit account, a pledge of EDBL Holdings, LLC equity interests, and guarantees from several subsidiaries. The investor holds rights to require cash redemptions starting six months after the purchase date. Edible Garden AG Incorporated is an agricultural company focused on indoor farming.
