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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Key Figures
Key Terms
Nasdaq Listing Rule 5550(a)(2) regulatory
Mandatory Panel Monitor regulatory
controlled environment agriculture (CEA) technical
Farm-to-Formula® financial
Zero-Waste Inspired® technical
forward-looking statements regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Nasdaq rule did Edible Garden (EDBL) regain compliance with?
How does regaining Nasdaq compliance affect Edible Garden (EDBL)?
What monitoring conditions has Nasdaq imposed on Edible Garden (EDBL)?
How long will the Nasdaq Hearings Panel retain jurisdiction over Edible Garden (EDBL)?
What strategic initiatives is Edible Garden (EDBL) pursuing alongside this Nasdaq update?
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
| 1 |
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.
| 2 |
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
| 3 |