Edible Garden Regains Compliance with Nasdaq Minimum Bid Price Requirement
Edible Garden received formal notification from Nasdaq confirming it has regained compliance with Listing Rule 5550(a)(2), the $1.00 minimum closing bid price requirement. The confirmation satisfies the bid price condition set by the Nasdaq Hearings Panel, which granted continued listing in its July 27, 2026 decision. A Mandatory Panel Monitor runs for one year from August 31, 2026, and the Panel keeps jurisdiction through November 23, 2026 — if the stock again fails the bid price test during monitoring, the company gets no additional cure period and Nasdaq would issue a delisting determination, subject to appeal.
Key figures
- Listing rule
- Nasdaq Listing Rule 5550(a)(2)
- Minimum bid price
- $1.00
- Mandatory monitor start
- August 31, 2026
- Mandatory monitor duration
- one year
- Panel jurisdiction through
- November 23, 2026
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