09/02/2026 | Press release | Distributed by Public on 09/02/2026 05:36
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.
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.