Edible Garden AG exchanges $2.07 million Series B preferred for 674,923 common shares in unregistered deal
EDBL•Pricing and registration details
Exchange shares were priced using the Nasdaq Minimum Price from the trading day before each agreement.
The issuance was unregistered, relying on the Securities Act Section 3(a)(9) exemption.
Series B preferred converted into common shares
Edible Garden AG exchanged 2,074 shares of Series B Preferred Stock for 674,923 common shares under exchange agreements dated July 27 and July 29, 2026.
The preferred stock carried an aggregate stated value of $2.07 million, or $1,000 per share.
