Edible Garden Regains Nasdaq Minimum Bid Price Compliance

Regulation
โดย GlobeNewswire·US·Read original
Summary · why it matters

Edible Garden AG Incorporated has regained compliance with Nasdaq's minimum bid price requirement, following formal notification from the exchange. The company, which trades on Nasdaq under the symbols EDBL and EDBLW, had been granted continued listing by a Nasdaq Hearings Panel on July 27, 2026, contingent on meeting the $1.00 per share minimum closing bid. With this confirmation, Edible Garden has satisfied the bid price condition, though Nasdaq will monitor its compliance for one year from August 31, 2026, and any future noncompliance could lead to delisting without a cure period. CEO Jim Kras highlighted the company's focus on executing its growth strategy, including expanding its Webster City facility into ready-to-drink manufacturing and pushing into higher-margin, shelf-stable nutrition categories.

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