EX-99.1 2 edbl_ex991.htm PRESS RELEASE edbl_ex991.htm EXHIBIT 99.1 Edible Garden Receives Favorable Decision from Nasdaq Hearings Panel Company Advances Farm-to-Formula ® Strategy and Webster City Ready-to-Drink Manufacturing Buildout BELVIDERE, NJ, July 28, 2026 - Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), organic and sustainable produce, and developer of the Zero-Waste Inspired® mission and Farm-to-Formula® platform, today announced that the Nasdaq Hearings Panel has granted the Company's request for continued listing on The Nasdaq Stock Market, subject to the condition that the Company demonstrate compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of at least $1.00 per share, on or before August 15, 2026. As previously announced, the Company effected a 1-for-45 reverse stock split of its common stock, effective July 13, 2026. Since the reverse stock split became effective, the closing bid price of the Company's common stock has remained at or above $1.00 per share. Compliance with the Bid Price Rule remains subject to confirmation by…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Edible Garden AG Incorporated
EDBLNASDAQEQUITYCurrent
Other Events
Item 8.01 Other Events. On July 27, 2026, Edible Garden AG Incorporated (the “Company”) received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the Nasdaq Hearing Panel (the “Panel”) granted the Company an extension until August 15, 2026 to regain compliance with the rule requiring listed companies to maintain a minimum closing bid price of at least $1 per share (the “Bid Price Rule”).…
Company context
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 6,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact. The Company is also expanding its Prairie Hills facility in Webster City, Iowa, into a dedicated ready-to-drink (RTD) clean nutrition manufacturing hub, supporting its Farm-to-Formula® strategy and its transformation into higher-margin, shelf-stable nutrition categories.
Current securities
Recent company filings
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Other EventsOct 1, 2026
- Other EventsSep 2, 2026
- Other EventsAug 24, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsAug 17, 2026
- 10-Q filingAug 14, 2026