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Edible Garden regains Nasdaq $1 bid compliance

Nasdaq confirmed Edible Garden AG regained compliance with the $1 minimum bid rule, but Panel oversight continues through Nov. 23, 2026 under a 1-year monitor.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Edible Garden AG Inc (EDBL) announced that Nasdaq has formally confirmed the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share. This follows a July 27, 2026 decision by a Nasdaq Hearings Panel granting continued listing, conditional on meeting the minimum bid requirement. The company remains under Panel jurisdiction through November 23, 2026 and will be subject to a Mandatory Panel Monitor for one year from August 31, 2026, during which any new bid-price noncompliance would trigger a delisting determination subject to appeal. Management highlights ongoing execution of its Farm-to-Formula® strategy, including expansion of its Webster City facility into ready-to-drink manufacturing and growth into higher-margin, shelf-stable nutrition categories.

Positive

  • Regained Nasdaq compliance with the minimum bid price requirement under Listing Rule 5550(a)(2), reducing immediate delisting risk and preserving access to a national exchange listing.
  • Strategic expansion continues, including converting the Webster City, Iowa facility into a ready-to-drink clean nutrition hub and pushing into higher-margin, shelf-stable nutrition categories under the Farm-to-Formula® strategy.

Negative

  • Heightened delisting risk during monitoring: for one year from August 31, 2026, any renewed failure to meet the minimum bid price would lead to an immediate delisting determination, with no additional compliance or cure period.
  • Ongoing Nasdaq oversight: the Nasdaq Hearings Panel retains jurisdiction over the listing through November 23, 2026, signaling continued regulatory scrutiny of listing-standard compliance.
Nasdaq minimum bid price requirement $1.00 per share Required closing bid price under Nasdaq Listing Rule 5550(a)(2) for continued listing
Panel jurisdiction end date November 23, 2026 Date through which the Nasdaq Hearings Panel maintains jurisdiction over the company’s listing
Mandatory Panel Monitor period 1 year from August 31, 2026 Duration of enhanced monitoring during which renewed bid-price noncompliance would trigger a delisting determination
Retail locations Over 6,000 locations Number of retail locations across the United States, Caribbean, and South America where Edible Garden products are available
Number of U.S. patents 7 patents Patents covering GreenThumb 2.0 software, Self-Watering display, and three advanced aquaculture technologies
Nasdaq Listing Rule 5550(a)(2) regulatory
"regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum"
Mandatory Panel Monitor regulatory
"the Company will be subject to a Mandatory Panel Monitor for a period"
A mandatory panel monitor is an independent group tasked with regularly reviewing safety and key results during a clinical trial or regulated program to protect participants and ensure the study is conducted properly. For investors, this matters because the panel can recommend changes, pauses, or early stopping of a trial — actions that can speed up, delay, or quietly derail a program and therefore materially affect a company’s timeline and value, much like a referee whose calls change the outcome of a game.
controlled environment agriculture (CEA) technical
"a leader in controlled environment agriculture (CEA), organic and sustainable produce"
Controlled environment agriculture (CEA) is growing crops inside enclosed systems—such as greenhouses or stacked indoor farms—where light, temperature, humidity and nutrients are precisely managed to produce food year-round and often more efficiently than outdoor fields. For investors it matters because CEA is capital- and technology-intensive, offering potential for higher yields, predictable supply and premium products, but also exposing returns to energy, equipment and scale-up risks.
Farm-to-Formula® financial
"around our Farm-to-Formula® strategy, including the expansion of our Webster City"
Zero-Waste Inspired® technical
"through its Zero-Waste Inspired® next-generation farming model"
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What Nasdaq rule did Edible Garden (EDBL) regain compliance with?

Edible Garden regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share. Nasdaq formally notified the company that this bid-price requirement has been satisfied following a conditional continued-listing decision by a Nasdaq Hearings Panel.

How does regaining Nasdaq compliance affect Edible Garden (EDBL)?

Regaining compliance with Nasdaq’s $1.00 minimum bid price requirement allows Edible Garden to maintain its Nasdaq listing. This removes the immediate threat of delisting and lets management emphasize execution of its Farm-to-Formula® growth strategy and expansion into higher-margin, shelf-stable nutrition categories.

What monitoring conditions has Nasdaq imposed on Edible Garden (EDBL)?

Edible Garden will be under a Mandatory Panel Monitor for one year from August 31, 2026. During this period, if it again becomes noncompliant with the minimum bid price rule, Nasdaq Staff would issue a delisting determination, which the company could appeal to a Nasdaq Hearings Panel.

How long will the Nasdaq Hearings Panel retain jurisdiction over Edible Garden (EDBL)?

The Nasdaq Hearings Panel will retain jurisdiction over Edible Garden’s listing through November 23, 2026. This continued oversight is in line with Nasdaq Listing Rule 5815(d)(4)(B) and follows the earlier decision granting the company continued listing subject to bid-price compliance.

What strategic initiatives is Edible Garden (EDBL) pursuing alongside this Nasdaq update?

Edible Garden reports building a broader platform around its Farm-to-Formula® strategy, including expanding its Webster City, Iowa facility into a ready-to-drink clean nutrition manufacturing hub and increasing its presence in higher-margin, shelf-stable nutrition categories such as protein powders and specialty food products.

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

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EXHIBIT 99.1

 

 

Edible Garden Regains Compliance with Nasdaq Minimum Bid Price Requirement

 

BELVIDERE, NJ, September 02, 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 it has received formal notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of at least $1.00 per share.

 

Nasdaq’s determination follows the July 27, 2026 decision of the Nasdaq Hearings Panel (the “Panel”) to grant the Company’s request for continued listing, subject to the Company demonstrating compliance with the minimum bid price requirement. With Nasdaq’s confirmation, the Company has satisfied the bid price condition established by the Panel.

 

“Regaining compliance with Nasdaq’s minimum bid price requirement is an important development for Edible Garden and allows us to maintain our focus on executing our growth strategy,” said Jim Kras, Chief Executive Officer of Edible Garden. “We have been steadily building a broader platform around our Farm-to-Formula® strategy, including the expansion of our Webster City facility into ready-to-drink manufacturing and our continued push into higher-margin, shelf-stable nutrition categories. We believe these initiatives can meaningfully expand the opportunities available to Edible Garden, and our priority is translating the investments we have made across the business into sustainable long-term future growth.”

 

In addition to the Panel maintaining jurisdiction over the Company’s listing through November 23, 2026, in accordance with Nasdaq Listing Rule 5815(d)(4)(B), the Company will be subject to a Mandatory Panel Monitor for a period of one year from August 31, 2026. During the monitoring period, if the Company is again determined to be noncompliant with the minimum bid price requirement, the Company would not be eligible for an additional compliance or cure period and Nasdaq Staff would issue a delisting determination, which the Company would have the opportunity to appeal to a Nasdaq Hearings Panel. 

 

 
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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.

 

 
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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,” “future,” “will,” “would,” 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 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

 

 
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Filing Exhibits & Attachments

6 documents