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Edible Garden Announces Adjournment of Annual Meeting to Facilitate Additional Shareholder Participation

(Positive)
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Edible Garden (Nasdaq: EDBL) adjourned its 2026 Annual Meeting, initially convened June 18, 2026, to June 25, 2026 at 10:00 a.m. ET to allow more shareholder voting participation.

The virtual meeting keeps the same proposals; May 6, 2026 record holders may vote and previously submitted proxies remain valid unless revoked.

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Positive

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Negative

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News Market Reaction – EDBL

+5.68%
2 alerts
+5.68% Session close to close
$1.13M Market Cap
15.46K Volume

In the Jun 18 session, EDBL gained 5.68%, reflecting a notable positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with rec...
Analysis

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with recent efforts to boost shareholder engagement and clarify voting on key proposals like potential reverse splits. However, moderate short interest and prior negative reactions to governance news could limit follow-through if sentiment cools.

Key Figures

Reconvened meeting date: June 25, 2026 Meeting time: 10:00 a.m. Eastern Time Record date: May 6, 2026 +5 more
8 metrics
Reconvened meeting date June 25, 2026 Virtual annual meeting reconvenes for shareholder voting
Meeting time 10:00 a.m. Eastern Time Start time of reconvened annual meeting
Record date May 6, 2026 Shareholders of record eligible to vote at reconvened meeting
Reverse split minimum 1-for-5 Lowest reverse stock split ratio proposed in proxy
Reverse split maximum 1-for-250 Highest reverse stock split ratio proposed in proxy
Shares outstanding 5,469,314 Common shares outstanding as of record date in proxy
Board size 5 directors Number of directors to be elected at annual meeting
Proxy solicitor phone (877) 870-8565 Toll-free number for Advantage Proxy, Inc.

Historical Context

5 past events · Latest: 2026-06-16 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
2026-06-16 Facility development Positive +4.3% Engaged Structura Architects for Prairie Hills Tetra Pak manufacturing facility build-out.
2026-06-15 Proxy voting push Neutral -18.0% Company urged shareholders to vote for all proposals at the June 17, 2026 annual meeting.
2026-06-01 Logistics overhaul Positive -11.0% Announced major logistics transformation to distribution-center model to reduce costs and emissions.
2026-05-21 Retail expansion Positive -3.5% Began shipping under new fresh-cut herb distribution program with Target, expanding herb footprint.
2026-05-15 Q1 2026 results Neutral -5.5% Reported Q1 2026 revenue growth with higher operating expenses and a net loss.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has often been followed by mixed to negative price reactions, with two of three clearly positive operational updates seeing declines.

Key Terms

definitive proxy statement, record date, proxy solicitor, proxy materials
4 terms
definitive proxy statement regulatory
"proposals outlined in the Company's definitive proxy statement previously filed with the U.S. Securities and Exchange Commission"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
record date regulatory
"shareholders of record as of May 6, 2026, remain eligible to vote at the reconvened meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
proxy solicitor financial
"please contact the Company's proxy solicitor: Advantage Proxy, Inc."
A proxy solicitor is a professional firm or individual hired by a company or a shareholder to contact other shareholders and gather their votes or signed proxy cards for an upcoming shareholder meeting. Think of them as paid canvassers who explain proposals and collect votes; their work can determine outcomes like board elections, mergers, or policy changes and signals how contested or important a vote is to investors.
proxy materials regulatory
"questions regarding the Annual Meeting or proxy materials, please contact the Company's proxy solicitor"
Proxy materials are the packet of documents sent to shareholders that explain items to be voted on at a company meeting and include the actual ballot or instructions for casting a vote. Think of them as a voting packet that lays out who’s running the company, major proposals (like pay, mergers, or board changes), and arguments for and against each item. Investors care because those votes shape corporate direction, affect risk and future profits, and can influence share value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Annual Meeting Reconvened for June 25, 2026; No Changes to Proposals and Previously Submitted Proxies Remain Valid

Company Encourages Shareholders Who Have Not Yet Voted to Vote as Soon as Possible

BELVIDERE, N.J., June 18, 2026 (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 its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) was convened as scheduled and adjourned until June 25, 2026 to provide additional time for shareholders to vote and ensure broader participation in the voting process.

The Annual Meeting will reconvene virtually on June 25, 2026, at 10:00 a.m. Eastern Time, when shareholders will vote on the proposals outlined in the Company's definitive proxy statement previously filed with the U.S. Securities and Exchange Commission. No changes have been made to the proposals being presented for shareholder consideration, and shareholders of record as of May 6, 2026, remain eligible to vote at the reconvened meeting.

The Company encourages shareholders who have not yet voted to do so as soon as possible to ensure their shares are represented, and all previously submitted proxies will remain valid and be voted unless properly revoked.

"Shareholder engagement remains a priority for our Company, and we believe it is important that all shareholders have the opportunity to participate in the Company’s Annual Meeting," said Jim Kras, Chief Executive Officer of Edible Garden. "This adjournment provides additional time for shareholders to cast their votes, and we encourage all eligible shareholders who have not yet voted to do so. We appreciate the continued support and engagement of our shareholders and look forward to their participation at the reconvened meeting."

For assistance voting your shares or if you have questions regarding the Annual Meeting or proxy materials, please contact the Company's proxy solicitor:

Advantage Proxy, Inc.
Toll-Free: (877) 870-8565
Email: ksmith@advantageproxy.com

Additional information is available on the SEC's website at www.sec.gov and on the Company's investor relations website.

ABOUT EDIBLE GARDEN®

Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering locally grown, 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, including with respect to the Annual Meeting . The words “believe,” “design,” “look forward,” “seek,” “strategy,” “will,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including, market and other conditions, and other factors set forth in the Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. Actual results might differ materially from those explicit or implicit in the forward-looking statements. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

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


FAQ

Why did Edible Garden (NASDAQ: EDBL) adjourn its 2026 annual meeting to June 25, 2026?

Edible Garden adjourned its 2026 annual meeting to June 25, 2026 to allow more shareholders time to vote. According to Edible Garden, the goal is broader participation in the voting process and stronger shareholder engagement.

When and how will Edible Garden reconvene its 2026 annual shareholder meeting for EDBL investors?

The 2026 annual meeting will reconvene virtually on June 25, 2026 at 10:00 a.m. Eastern Time. According to Edible Garden, shareholders can participate and vote online on the same proposals described in the definitive proxy statement.

Are there any changes to the proposals at Edible Garden’s reconvened 2026 annual meeting (EDBL)?

There are no changes to the proposals for Edible Garden’s reconvened 2026 annual meeting. According to Edible Garden, shareholders will vote on the same items outlined in the previously filed definitive proxy statement with the SEC.

Do previously submitted proxies remain valid for Edible Garden’s June 25, 2026 annual meeting (EDBL)?

Previously submitted proxies remain valid for the reconvened meeting unless properly revoked. According to Edible Garden, shareholders who have already voted do not need to vote again, while non-voting shareholders are encouraged to submit proxies as soon as possible.

Which shareholders are eligible to vote at Edible Garden’s reconvened 2026 annual meeting (NASDAQ: EDBL)?

Shareholders of record as of May 6, 2026 are eligible to vote at the reconvened meeting. According to Edible Garden, these record holders can participate virtually and have their shares represented by submitting or updating their proxies.

How can Edible Garden shareholders get help voting their EDBL shares for the 2026 annual meeting?

Shareholders can contact Advantage Proxy for assistance voting EDBL shares. According to Edible Garden, support is available via toll-free phone at (877) 870-8565 or by emailing ksmith@advantageproxy.com for questions on the meeting or proxy materials.