On April 21, 2026, Edible Garden AG Incorporated exchanged 3,301 shares of Series B Preferred Stock for 3,587,478 shares of common stock with Streeterville Capital, LLC.
Key takeaways
The Company exchanged 3,301 shares of Series B Preferred Stock with an aggregate stated value of $3,301,000.
The Company issued 3,587,478 shares of common stock to Streeterville Capital, LLC in the transaction.
The exchange price was determined using the Nasdaq Minimum Price on the day preceding the agreement.
The issuance was conducted pursuant to the Section 3(a)(9) exemption under the Securities Act of 1933.