Monitor for potential dilution impact on common shareholders; since this is a preferred-to-common conversion, no new capital was raised, but watch for future equity activity if additional conversions occur. Check the next 10-Q for updated share counts and capital structure.
Price Chart
Executive Summary
Edible Garden AG Inc exchanged 3,301 shares of Series B Preferred Stock with a stated value of $3.3 million for 3,587,478 shares of common stock in an unregistered transaction under Section 3(a)(9). The exchange was conducted with Streeterville Capital, LLC and based on the Nasdaq minimum price the day before the agreement.
Key Financial Metrics
Key Facts
- Exchanged 3,301 shares of Series B Preferred Stock (aggregate stated value: $3,301,000) for 3,587,478 shares of common stock
- Transaction conducted with Streeterville Capital, LLC
- Exchange ratio based on Nasdaq minimum price the day before the agreement
- Unregistered sale under Section 3(a)(9) of the Securities Act
- No cash raised — this is a conversion of existing preferred stock into common stock
Financial Impact
Issuance of 3.59 million new common shares, increasing common share count by approximately 3.3 million in stated value converted
Risk Factors
- Dilution to existing common shareholders from issuance of 3.59 million new shares
- Potential perception of down-round or financial pressure if the effective conversion price is below market
- No registration rights disclosed — future resale could increase float
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001477932-26-002525 |
| Document: 0001477932-26-002525-index-headers.html | 0001477932-26-002525 |
| Document: 0001477932-26-002525-index.html | 0001477932-26-002525 |
| Document: 0001477932-26-002525.txt | 0001477932-26-002525 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 29, 2026 21w ago | 8-K | $0.1398 $0.0378 | ▲ +72.96% | ▲ +74.19% | — |
May 21, 2026 22w ago | 8-K | $0.1398 $0.0414 | ▲ +70.39% | ▲ +73.58% | — |
May 15, 2026 23w ago | 8-K | $0.1398 $0.0248 | ▲ +82.26% | ▲ +86.78% | — |
Apr 24, 2026 26w ago | 8-K | $0.1398 $0.0328 | ▼ −76.54% | ▼ −81.32% | — |
Mar 31, 2026 29w ago | 8-K | $0.1398 $0.0390 | ▲ +72.10% | ▲ +85.48% | — |
US Market Status
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