Edible Garden AG Inc 8-K
Research Summary
AI-generated summary
Edible Garden AG Inc Announces 1-for-10 Reverse Stock Split
What Happened
Edible Garden AG Inc filed a Certificate of Amendment on January 29, 2026 to effect a 1-for-10 reverse stock split of its common stock, effective 12:01 a.m. Eastern Time on February 3, 2026. The company expects its common stock to trade on a post-split basis under the existing ticker “EDBL” when markets open on February 3, 2026; publicly traded warrants will continue under “EDBLW.”
Key Details
- Reverse split ratio: 1-for-10 (every 10 pre-split shares automatically combined into 1 post-split share).
- Effective date/time: 12:01 a.m. ET on February 3, 2026; Certificate of Amendment filed January 29, 2026.
- CUSIP: new CUSIP for common stock will be 28059P501; warrant CUSIP unchanged.
- No fractional shares will be issued; any fractional share resulting from the split will be rounded up to the nearest whole share.
- The total number of authorized common shares, par value ($0.0001), voting rights and other terms remain unchanged. Proportionate adjustments will be made to warrant exercise prices and share counts, equity incentive plan reserves, and outstanding awards.
Why It Matters
A reverse stock split reduces the number of outstanding shares and increases the per-share price proportionately; it does not change ownership percentages, par value, or voting rights. For investors, the split may affect per-share pricing, share counts in holdings and the terms/exercise prices of warrants and stock awards (which will be adjusted). The company filed a press release on January 30, 2026 (Exhibit 99.1) and the Certificate of Amendment is attached as Exhibit 3.1 to the 8‑K.