• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Edible Garden AG Incorporated filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

    9/5/25 4:30:49 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples
    Get the next $EDBL alert in real time by email
    elbl_8k.htm
    0001809750false00018097502025-08-292025-08-290001809750elbl:CommonStocksMember2025-08-292025-08-290001809750elbl:WarrantsMember2025-08-292025-08-29iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     ________________________

     

    FORM 8-K

     ________________________

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the

    Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): August 29, 2025

     

    EDIBLE GARDEN AG INCORPORATED

    (Exact name of registrant as specified in its charter)

     ________________________

     

    Delaware

     

    001-41371

     

    85-0558704

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    283 County Road 519, Belvidere, New Jersey

     

    07823

    (Address of principal executive offices)

     

    (Zip Code)

     

    Registrant’s telephone number, including area code: (908) 750-3953

     

     ________________________

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

    Trading Symbol(s)

    Name of each exchange on which registered

    Common Stock, par value $0.0001 per share

    EDBL

    The Nasdaq Stock Market LLC

    Warrants to purchase Common Stock

    EDBLW

    The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company  ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

     

     

     

     

    Item 1.01.    Entry into a Material Definitive Agreement.

     

    On August 29, 2025, Edible Garden AG Incorporated (the “Company”) entered into a note purchase agreement (the “Note Purchase Agreement”) with Avondale Capital, LLC (“Avondale”), an affiliate of Streeterville Capital, LLC, the sole holder of the Company’s outstanding shares of Series B Preferred Stock, pursuant to which the Company agreed to issue and sell to Avondale a secured promissory note (the “Note”) with an original principal amount of $1,750,000. After deducting the original issue discount of $350,000 and certain transaction expenses, the Company received net proceeds of $1,395,000 from the sale of the Note to Avondale. A portion of the net proceeds of the Note Purchase Agreement will be used to satisfy the remaining amount to which Arin Funding LLC is entitled under the standard merchant cash advance agreement dated as of April 1, 2025.

     

    The Company will make weekly payments of $43,750 until the Note is paid in full. The Company may prepay the outstanding amount due under the Note at any time without penalty. If the Company prepays the Note in full by January 16, 2026, it will receive a $50,000 discount on the outstanding balance of the Note. No interest will accrue on the Note unless an event of default occurs. The Note is secured by a security interest in the Company’s cash and cash equivalents, accounts receivable, and all other forms of receivables, as set forth in a security agreement in favor of Avondale (the “Security Agreement,” together with the Note Purchase Agreement and the Note, the “Transaction Documents”). The Transaction Documents contain customary representations and warranties, covenants and agreements of the Company and Avondale.

     

    Under the Note, a “trigger event” will occur if the Company fails to timely file required reports with the Securities and Exchange Commission; the Company’s common stock is no longer listed for trading on Nasdaq; the Company, without the consent of Avondale, issues any debt, pledges or grants any security interest in its assets, or enters into a fundamental transaction; the Company fails to may a payment under the Note; or similar customary events of default, as detailed in the Note and Note Purchase Agreement. Subject to certain limitations in the Note, upon a trigger event, Avondale may increase the outstanding balance of the Note by adding to the outstanding balance the result of multiplying the outstanding balance by 20% after a major trigger event or 5% after a minor trigger event. Subject to exceptions in the Note, if the Company fails to cure the trigger event within a cure period, the trigger event will become an event of default under the Note, following which interest will accrue at the lesser of 22% per annum or the maximum rate permitted under applicable law. Certain trigger events will automatically become an event of default. After an event of default, Avondale will have the right to seek to prohibit the Company from issuing any shares of its capital stock to any party unless the Note will be paid in full simultaneously with such issuance.

     

    As long as the Note is outstanding, if the Company issues any debt security with a term or condition more favorable to the holder of such security or with a term in favor of any holder that was not provided to Avondale, the Company will notify Avondale of the favorable term, and, at Avondale’s election, such term will become a part of the Transaction Documents.

     

    The foregoing is only a summary of the Note Purchase Agreement, the Note and the Security Agreement and does not purport to be a complete description thereof. Such descriptions are qualified in their entirety by reference to the Note Purchase Agreement, the Note and the Security Agreement, copies of which are incorporated by reference as Exhibits 10.1, 10.2 and 10.3, respectively, to this Current Report on Form 8-K and are incorporated by reference herein.

     

    Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

     

    To the extent required by Item 2.03 of Form 8-K, the information contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d)  Exhibits.

     

    Exhibit No.

     

    Description

    10.1#

     

    Note Purchase Agreement, by and between Edible Garden AG Incorporated and Avondale Capital, LLC, dated as of August 29, 2025

    10.2

     

    Secured Promissory Note, by and between Edible Garden AG Incorporated and Avondale Capital, LLC, effective as of August 29, 2025

    10.3

     

    Security Agreement, by and between Edible Garden AG Incorporated and Avondale Capital, LLC, dated as of August 29, 2025

    104

     

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

    #

     

    Schedules and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company will furnish a copy of any omitted schedule or similar attachment to the Securities and Exchange Commission upon request.

     

     

     
    2

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

    EDIBLE GARDEN AG INCORPORATED

     

     

     

     

    Date: September 5, 2025

    /s/ James E. Kras

     

     

    Name:

    James E. Kras

     

     

    Title:

    President and Chief Executive Officer

     

     

     
    3

     

    Get the next $EDBL alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $EDBL

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $EDBL
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Edible Garden to Showcase Sports Nutrition Product of the Year - Kick Sports Nutrition, Clean Labeled & GLP-1 Support Products, and Vitamin Way® & Vitamin Whey® Brands at ECRM's Vitamin, Weight Management & Sports Nutrition Session, September 7th–10th, 2025

    BELVIDERE, N.J., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that it will showcase its Kick Sports Nutrition line, clean labeled sports nutrition & weight management and GLP-1 support products, as well as its accessible line of plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands at ECRM's Vitamin, Weight Management & Sports Nutrition Session, to be held September 7th–September 10th, 2025, at the PGA National Resort & Spa in Palm Beach Gardens, Florida. EC

    9/3/25 8:30:29 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Expands Pickle Party™ Distribution Across Metro New York with Associated and Trade Fair Supermarkets, Adds FoodTown in Newburgh, NY as the Summer of Pickle Party™ Continues

    BELVIDERE, NJ, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the continued expansion of its Pickle Party™ line through new retail placements at Associated Supermarket in Astoria, NY, Trade Fair Supermarkets across New York City, and Foodtown in Newburgh, NY. These partnerships extend the brand's reach into respected regional grocers known for their commitment to quality and community, while aligning with strong seasonal demand for fresh and flavorful condiments. Pickle Party™ is the f

    8/20/25 9:10:00 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Delivers Strong Performance Across Core and Key Segments, Driven by Strategic Portfolio Transformation

     Company exits low-margin product lines, invests in higher-margin, innovative CEA-informed, better-for-you shelf-stable products, and expands global reach Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, better-for-you, sustainable produce and products, today reported strong core business performance for the three months ended June 30, 2025, and shared a strategic business update. This performance reflects the Company's disciplined portfolio optimization strategy

    8/14/25 7:30:42 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    President and CEO Kras James E. bought $4,931 worth of shares (1,850 units at $2.67), increasing direct ownership by 105% to 3,617 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    6/9/25 4:31:02 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    President and CEO Kras James E. bought $998 worth of shares (325 units at $3.07), increasing direct ownership by 23% to 1,767 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    6/5/25 4:32:19 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Director Mcconnell Mathew J. bought $334 worth of shares (2,013 units at $0.17), increasing direct ownership by 1,438% to 2,153 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    12/2/24 4:31:22 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    President and CEO Kras James E. bought $4,931 worth of shares (1,850 units at $2.67), increasing direct ownership by 105% to 3,617 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    6/9/25 4:31:02 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    President and CEO Kras James E. bought $998 worth of shares (325 units at $3.07), increasing direct ownership by 23% to 1,767 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    6/5/25 4:32:19 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Director Mcconnell Mathew J. bought $334 worth of shares (2,013 units at $0.17), increasing direct ownership by 1,438% to 2,153 units (SEC Form 4)

    4 - Edible Garden AG Inc (0001809750) (Issuer)

    12/2/24 4:31:22 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    SEC Filings

    View All

    Edible Garden AG Incorporated filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

    8-K - Edible Garden AG Inc (0001809750) (Filer)

    9/5/25 4:30:49 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    SEC Form 10-Q filed by Edible Garden AG Incorporated

    10-Q - Edible Garden AG Inc (0001809750) (Filer)

    8/14/25 5:26:08 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden AG Incorporated filed SEC Form 8-K: Results of Operations and Financial Condition, Material Modification to Rights of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - Edible Garden AG Inc (0001809750) (Filer)

    8/14/25 7:36:06 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    Leadership Updates

    Live Leadership Updates

    View All

    Edible Garden Appoints Sohail Ahmad as Vice President of Finance

    BELVIDERE, NJ, June 17, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced the appointment of Sohail Ahmad as Vice President of Finance, effective immediately. Mr. Ahmad is a seasoned financial executive with over 20 years of experience leading transformation and driving growth across global food and consumer goods companies in both public and private sectors. He most recently served as Chief Financial Officer of HOS Global Foods, a $300 million privately held enterprise. Prior to that, he was Glob

    6/17/25 7:30:00 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Welcomes James Beard Award-Winning Chef JJ Johnson as Culinary Advisor

    JJ Johnson BELVIDERE, NJ, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that celebrated chef and James Beard Award winner, JJ Johnson, will be collaborating with the Company as Culinary Advisor. Chef JJ, known for his innovative approach to West African and Caribbean cuisine and his passion for sustainability and food equity, will collaborate with Edible Garden to further develop the Company's product line and inspire consumers and chefs alike with exciting new flavor profiles and c

    11/12/24 8:00:00 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Hosts 'Pickle Party' at the 2024 Global Produce & Floral Show at the Georgia World Congress Center in Atlanta, Georgia, October 18th – 19th

    Pickle Party BELVIDERE, NJ, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, invites attendees of the 2024 Global Produce & Floral Show at the Georgia World Congress Center in Atlanta, Georgia, on October 18th – 19th, to join the much-anticipated ‘Pickle Party' at Edible Garden's Booth C1037. Known for its innovative approach in defining the fresh condiments category, Edible Garden continues to push the boundaries with its sustainable, USDA Organic, raw, and fermented product lines, such as Pic

    10/18/24 8:45:00 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    Financials

    Live finance-specific insights

    View All

    Edible Garden Delivers Strong Performance Across Core and Key Segments, Driven by Strategic Portfolio Transformation

     Company exits low-margin product lines, invests in higher-margin, innovative CEA-informed, better-for-you shelf-stable products, and expands global reach Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, better-for-you, sustainable produce and products, today reported strong core business performance for the three months ended June 30, 2025, and shared a strategic business update. This performance reflects the Company's disciplined portfolio optimization strategy

    8/14/25 7:30:42 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Schedules Second Quarter 2025 Financial Results and Business Update Conference Call

    BELVIDERE, NJ, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic, better-for-you, sustainable produce and products, announced today that it will host a conference call on Thursday, August 14, 2025, at 8:00 AM Eastern Time to discuss financial results for the 2025 second quarter and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers and entering access code 639542. A webcast of the call may be accessed at https://www.w

    8/5/25 9:00:00 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Edible Garden Reports Q1 2025 Financial Results and Provides Strategic Update

    Non-Perishable Revenue Grows 15%; Gross Profit Nearly Quadruples Year-over-Year as Company Shifts Focus to Higher Margin, Shelf-Stable Offerings Strategic Product Mix Realignment Driving Operational Efficiency and Margin Expansion Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW)), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today provided a business update and reported financial results for the three months ended March 31, 2025.   "Our performance in the first quarter reflects the st

    5/15/25 7:30:55 AM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    $EDBL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Edible Garden AG Incorporated

    SC 13G/A - Edible Garden AG Inc (0001809750) (Subject)

    11/14/24 7:24:20 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    Amendment: SEC Form SC 13G/A filed by Edible Garden AG Incorporated

    SC 13G/A - Edible Garden AG Inc (0001809750) (Subject)

    11/14/24 3:56:00 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples

    SEC Form SC 13G filed by Edible Garden AG Incorporated

    SC 13G - Edible Garden AG Inc (0001809750) (Subject)

    11/14/24 3:28:47 PM ET
    $EDBL
    Farming/Seeds/Milling
    Consumer Staples