Edible Garden AG Inc (EDBL) Form 8-K — May 29, 2026
Edible Garden AG Inc (EDBL) received a formal notice from Nasdaq stating it no longer meets the minimum $1.00 bid price requirement for continued listing. The company’s stock closed below $1.00 for 30 consecutive business days, triggering a delisting determination under Nasdaq Listing Rule 5550(a)(2). Unlike typical delisting notices, EDBL is not eligible for a standard 180-day compliance period to regain its listing. This ineligibility stems from the company having executed reverse stock splits in the prior two years with a cumulative ratio greater than 250 shares to 1, indicating a history of aggressive share consolidation to maintain listing status.
Key figures
- Suspension date
- June 5, 2026
- Hearing deadline
- June 3, 2026
- Non compliance period
- 30 consecutive business days
- Minimum bid price requirement
- $1.00
- Reverse split cumulative ratio
- >250 shares to 1
Price after filing
Close on the filing date to close N calendar days later (from $0.29). Historical, not a forecast.
AI analysis
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