Edible Garden AG regained compliance with Nasdaq’s $1 minimum bid price rule, removing a key delisting risk.
Nasdaq confirmed the company now meets Listing Rule 5550(a)(2) following a July 27, 2026 decision by a Nasdaq Hearings Panel that allowed the shares to remain listed conditional on restoring compliance.
The panel will retain jurisdiction over the listing through Nov. 23, 2026.
Nasdaq also placed the company under a mandatory panel monitor for one year from Aug. 31, 2026.
Any renewed bid-price breach during that period would trigger a delisting determination with no additional cure period, subject to appeal.
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