Edible Garden AG Inc 8-K

What Happened Edible Garden AG Inc (EDBL) filed an 8-K (Item 3.02) reporting that it entered into four exchange agreements with Streeterville Capital, LLC on Feb 9, 2026, Mar 4, 2026, Mar 9, 2026 and Mar 10, 2026. The Company exchanged a total of 480 shares of its Series B Preferred Stock (stated value $480,000; $1,000 per preferred share) for 175,165 shares of its common stock. The number of common shares issued was calculated by dividing the $480,000 stated value by the Nasdaq Minimum Price of EDBL common stock on the trading day immediately before each exchange. The issuances were not registered and were made under the Section 3(a)(9) exemption to the Securities Act.

Key Details

• Counterparty: Streeterville Capital, LLC (Utah limited liability company).
• Dates of Exchange Agreements: Feb 9, 2026; Mar 4, 2026; Mar 9, 2026; Mar 10, 2026.
• Preferred exchanged: 480 Series B Preferred shares, aggregate stated value $480,000 ($1,000 per preferred share).
• Common issued: 175,165 common shares (par value $0.0001); issuance exempt under Section 3(a)(9) of the Securities Act.

Why It Matters This filing documents an unregistered exchange that increases Edible Garden’s outstanding common shares by 175,165, which is a concrete change in the company’s equity base. The exchange price was tied to the Nasdaq Minimum Price on dates just before each agreement, so the actual conversion ratio depended on recent market trading. Investors should note the share issuance and review other filings (e.g., subsequent Form 10-Q/10-K or amendment) for updated total shares outstanding and any related impacts on ownership percentages or per-share metrics.