Edible Garden AG issues 537,335 unregistered shares to Streeterville in preferred stock exchange
EDBL•Preferred stock exchange and share issuance
Edible Garden entered exchange agreements on Aug. 3, 2026 to issue 537,335 common shares to Streeterville Capital.
The shares were exchanged for 1,252 shares of Series B Preferred Stock with $1.25 million aggregate stated value, or $1,000 per share.
The exchange share count was set using Nasdaq’s Minimum Price for the prior trading day.
The issuance was unregistered under the Securities Act, relying on the Section 3(a)(9) exemption.
