Recent Updates — EDBL

Edible Garden AG exchanged 112 shares of its Series B Preferred Stock, with an aggregate stated value of $112,000, for 160,688 shares of common stock. The transaction was executed under an exchange agreement with Streeterville Capital, LLC on November 3, 2026. The number of common shares issued was calculated by dividing the preferred stock's stated value by the Nasdaq minimum price of the company's common stock as reported on the preceding day. This unregistered sale was conducted pursuant to Section 3(a)(9) of the Securities Act. Edible Garden AG operates in the agricultural technology sector, focusing on indoor farming and vertical agriculture solutions.

Edible Garden AG entered into a Produce Supply Agreement with Caney Fork Farms, effective October 15, 2026. The deal secures fixed pricing for fresh herbs through January 31, 2027, with annual increases capped at the lesser of the Producer Price Index or 10%. Caney Fork guarantees minimum weekly volumes under a committed ramp schedule, while Edible Garden retains flexibility on specific purchase orders beyond those minimums. The agreement includes a right of first offer for new herb products and runs until October 2028 with automatic one-year renewals. Edible Garden AG operates in the controlled environment agriculture sector, focusing on growing and distributing fresh herbs.

Edible Garden AG Inc. entered into a Real Estate Purchase Contract on September 30, 2026, to acquire the Webster City, Iowa property currently leased by its affiliate for $6,325,000. The purchase price is satisfied through the issuance of 1,500 shares of Series B Preferred Stock valued at $1,500,000 and a secured promissory note with an original principal amount of $3,825,000 bearing 8% annual interest maturing in five years. An additional 1,000 preferred shares valued at $1,000,000 will be issued at closing. The transaction includes a 20-day due diligence review period, with closing expected shortly thereafter. Edible Garden AG Inc. operates in the controlled environment agriculture industry, producing organic produce and expanding into ready-to-drink nutrition manufacturing.

Edible Garden AG Incorporated received confirmation from Nasdaq on August 31, 2026, that it has regained compliance with the minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). This follows a July 27, 2026 decision by the Nasdaq Hearings Panel granting continued listing subject to this condition. The company is now subject to a mandatory Panel Monitor through August 31, 2027; failure to maintain compliance during this period will result in an immediate delisting determination without further cure periods. Additionally, the Hearing Panel retains jurisdiction over the listing until November 23, 2026. Edible Garden AG Incorporated operates in the controlled environment agriculture industry, producing organic produce and developing sustainable farming technologies.

Edible Garden AG Inc. entered into a non-binding memorandum of understanding with Square Roots Urban Growers, Inc. to co-develop premium clean-label functional ready-to-drink beverages using nutrient-dense crops optimized for bioactive compounds supporting cognitive health and metabolic wellness. The collaboration involves joint product development with commercial manufacturing at Edible Garden’s facility, structured in three phases: partner discovery and crop selection led by Square Roots, followed by formulation led by Edible Garden. Square Roots will cultivate specialty ingredients and coordinate laboratory testing to support marketing claims, while Edible Garden supplies bulk greens, leads drink formulation, and produces the final product. This partnership supports Edible Garden’s expansion of its Prairie Hills facility into a dedicated RTD clean nutrition manufacturing hub as part of its Farm-to-Formula strategy. Edible Garden AG Inc. operates in the controlled environment agriculture industry, delivering organic produce and sustainable products through vertically integrated greenhouses and processing facilities.

Edible Garden AG Incorporated reported financial results for the quarter ended June 30, 2026, showing revenue increased 12.8% to $3.6 million and total sales grew 31.2% year over year. Net loss improved to $3.3 million from $4.0 million in the prior-year period, driven by a 21.5% reduction in selling, general, and administrative expenses. The company expanded its retail footprint with new programs at Kroger, Target, Weis Markets, and Safeway, while advancing its Farm-to-Formula strategy through successful RTD prototype production at Tetra Pak and development of the Prairie Hills manufacturing facility. Edible Garden AG Incorporated operates in controlled environment agriculture, producing organic produce and specialty food products.