$EDBL·8-K

Edible Garden AG Inc · Jul 8, 8:00 PM ET

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Edible Garden AG Inc 8-K

Research Summary

AI-generated summary

Updated

Edible Garden AG Files 1-for-45 Reverse Stock Split

What Happened

  • Edible Garden AG Inc. (ticker: EDBL) filed a Certificate of Amendment with the Delaware Secretary of State (filed July 8, 2026) and reported the change on an 8-K filed July 9, 2026, effecting a 1-for-45 reverse stock split of its common stock effective 12:01 a.m. Eastern Time on July 13, 2026. The company expects its common stock to trade on a post-split basis under the existing symbol "EDBL" when markets open on July 13, 2026; publicly traded warrants will continue trading under "EDBLW."

Key Details

  • Reverse split ratio: 1-for-45 (every 45 existing shares automatically combined into one post-split share).
  • Effective timing: 12:01 a.m. ET on July 13, 2026; post-split trading begins at market open on July 13, 2026.
  • New common stock CUSIP: 28059P600; warrants CUSIP remains unchanged.
  • Fractional shares: no fractional shares will be issued; any fractional share resulting from the split will be rounded up to the nearest whole share.
  • Adjustments: per-share exercise price and number of shares issuable under outstanding warrants, shares reserved under the equity incentive plan, and outstanding equity awards will be proportionately adjusted.
  • No change to total authorized common shares, par value ($0.0001), voting rights, or other terms of the common stock.

Why It Matters

  • For holders: Your share count will be consolidated at a 45-to-1 ratio (with fractional results rounded up), and the per-share economics of warrants and equity awards will be adjusted accordingly — the aggregate ownership percentage and voting rights are not changed by the split itself.
  • For trading/liquidity: The reverse split reduces the number of outstanding shares and raises the per-share price, which can affect liquidity and eligibility for certain market tiers; the company retains its existing ticker and the warrants keep their ticker and CUSIP.
  • No immediate change to fundamentals: The filing is a capitalization restructure (not a financing or operational announcement) and does not alter authorized share count, par value, or voting rights.

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