Skip to main content

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

Edible Garden AG Incorporated Regains Nasdaq Listing Status Subject to Bid Price Compliance Requirement

Edible Garden secures continued Nasdaq listing, pending compliance with bid price requirements post-reverse stock split.

Quiver AI Summary

Edible Garden AG Incorporated, a leader in controlled environment agriculture and sustainable produce, has announced that the Nasdaq Hearings Panel has approved its continued listing on The Nasdaq Stock Market, contingent upon the company's compliance with a $1.00 minimum closing bid price by August 15, 2026. This follows a 1-for-45 reverse stock split effective July 13, 2026, which has kept the stock above the required price. CEO Jim Kras expressed satisfaction with the decision, emphasizing the company’s focus on developing its ready-to-drink facility and expanding into higher-margin nutrition categories. The Panel will oversee the company's compliance until November 23, 2026, and additional conditions apply. Edible Garden is known for its innovative farming practices and a variety of sustainable products available at over 6,000 retail locations.

Potential Positives

  • Nasdaq Hearings Panel granted the Company’s request for continued listing on The Nasdaq Stock Market, allowing Edible Garden to remain publicly traded.
  • The Company has successfully maintained a closing bid price above $1.00 per share since the recent reverse stock split,Meeting Nasdaq Listing Rule requirements.
  • The CEO highlighted ongoing initiatives to expand the business, including building a ready-to-drink facility and moving into higher-margin nutrition categories, suggesting a positive growth trajectory.

Potential Negatives

  • The Company is under scrutiny from Nasdaq, as it is required to maintain a minimum closing bid price of $1.00 per share by August 15, 2026, indicating potential instability in its stock value.
  • The necessity of a reverse stock split may signal to investors that the Company has previously been unable to maintain investor confidence or meet market standards, potentially impacting its reputation.
  • There are no assurances that the Company will continue to comply with Nasdaq's listing standards, raising concerns about its long-term viability on the exchange.

FAQ

What recent decision did the Nasdaq Hearings Panel make regarding Edible Garden?

The Nasdaq Hearings Panel granted Edible Garden continued listing, pending compliance with the minimum bid price rule by August 15, 2026.

When did Edible Garden execute a reverse stock split?

Edible Garden executed a 1-for-45 reverse stock split effective July 13, 2026, to comply with Nasdaq requirements.

What is Edible Garden's Zero-Waste Inspired® mission?

Edible Garden's Zero-Waste Inspired® mission focuses on sustainability and reducing waste in its controlled environment agriculture practices.

How is Edible Garden expanding its operations?

Edible Garden is enhancing its Prairie Hills facility in Webster City into a ready-to-drink clean nutrition manufacturing hub.

What products does Edible Garden offer?

Edible Garden offers a variety of sustainable food products, including plant and whey protein powders, fermented sauces, and specialty condiments.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


EARLY ACCESS
Receive EDBL Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →

$EDBL Insider Trading Activity

EDBL Insider Trades

$EDBL insiders have traded $EDBL stock on the open market 9 times in the past 6 months. Of those trades, 8 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $EDBL stock by insiders over the last 6 months:

  • SCOTT WOLINSKY has made 5 purchases buying 2,150,000 shares for an estimated $476,350 and 0 sales.
  • FINANCIAL LP HRT has made 3 purchases buying 416,812 shares for an estimated $63,435 and 1 sale selling 537,670 shares for an estimated $53,229.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$EDBL Hedge Fund Activity

We have seen 5 institutional investors add shares of $EDBL stock to their portfolio, and 8 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • ARMISTICE CAPITAL, LLC removed 22,207 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $25,538
  • GEODE CAPITAL MANAGEMENT, LLC added 15,570 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,905
  • UBS GROUP AG removed 9,799 shares (-85.8%) from their portfolio in Q1 2026, for an estimated $11,268
  • CETERA INVESTMENT ADVISERS removed 9,615 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,057
  • VIRTU FINANCIAL LLC removed 1,575 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,811
  • HRT FINANCIAL LP removed 1,288 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,481
  • CWM, LLC removed 650 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $747

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Full Release

BELVIDERE, NJ, July 28, 2026 (GLOBE NEWSWIRE) -- 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 the Nasdaq Listing Qualifications Staff.

“We’re pleased with the Panel’s decision,” said Jim Kras, Chief Executive Officer of Edible Garden. “It keeps our attention where it belongs — on building out the Webster City ready-to-drink facility, moving into higher-margin nutrition categories, and continuing to take cost out of the business. We expect to have more to report on each of these in the coming months.”

The Panel will maintain jurisdiction over the Company’s listing through November 23, 2026, and the decision is subject to additional conditions and continued Panel oversight during that period. Additional information regarding the Panel’s decision and its terms is available in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on July 28, 2026.

There can be no assurance that the Company will demonstrate or maintain compliance with the Bid Price Rule or remain in compliance with Nasdaq’s other continued listing standards.

ABOUT EDIBLE GARDEN ®

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.

Edible Garden’s proprietary GreenThumb 2.0 software—protected by U.S. Patents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes vertical and traditional greenhouse growing conditions while aiming to reduce food miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is designed to extend plant shelf life and elevate in-store presentation. In addition to its core CEA operations, Edible Garden owns three patents in advanced aquaculture technologies: a closed-loop shrimp farming system (US 6,615,767 B1), a modular recirculating aquaculture setup with automated water treatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control method utilizing electrolytic chlorine generation (US 11,297,809 B1).

The Company has been recognized as a FoodTech 500 firm by Forward Fooding, is a multi-year participant in Walmart’s Project Gigaton and a Giga Guru designee and has received NRG’s Excellence in Energy Award for its commitment to measurable environmental performance and energy stewardship. Edible Garden also develops and markets a growing line of nutrition and specialty food products, including Vitamin Way ® and Vitamin Whey ® —plant and whey protein powders—and Kick. Sports Nutrition, a premium performance line for health-conscious athletes seeking cleaner, better-for-you options. The Company’s offerings further include fresh, sustainable condiments such as Pulp fermented gourmet and chili-based sauces, as well as Pickle Party, a collection of fermented fresh pickles and krauts.

Learn more at https://ediblegardenag.com .
For Pulp products, visit https://www.pulpflavors.com .
For Vitamin Whey® products, visit https://vitaminwhey.com .
For Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/ .
Watch the Company’s latest corporate video here .

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “believe,” “can,” “could,” “expect,” “may,” “plan,” “will” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. These statements include, without limitation, statements regarding the Company’s ability to demonstrate and maintain compliance with the Bid Price Rule and Nasdaq’s other continued listing standards, the development of the Company’s ready-to-drink manufacturing facility in Webster City, Iowa, and the Company’s Farm-to-Formula® strategy. Forward-looking statements are based on the Company’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including those described in the “Risk Factors” section and other sections of the Company’s reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date on which they are made, and the Company undertakes no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Contacts:
Crescendo Communications, LLC
212-671-1020
EDBL@crescendo-ir.com


Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE: