Edible Garden AG Incorporated (Nasdaq: EDBL, EDBLW) announced on September 2, 2026, that it has received formal notification from The Nasdaq Stock Market LLC confirming the company regained compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires listed companies to maintain a minimum closing bid price of at least $1.00 per share.
The determination follows a decision by the Nasdaq Hearings Panel on July 27, 2026, which granted the company a request for continued listing subject to the condition that it demonstrate compliance with the bid price requirement. The company filed the press release announcing the compliance as Exhibit 99.1 to this Form 8-K.
Despite regaining compliance, the company remains subject to continued oversight. Nasdaq will maintain jurisdiction over the company’s listing through November 23, 2026. Additionally, the company will be subject to a Mandatory Panel Monitor for a period of one year beginning August 31, 2026. During this monitoring period, if the company fails to satisfy the bid price requirement again, it would not be eligible for an additional compliance or cure period, and Nasdaq staff would issue an immediate delisting determination.
Edible Garden stated that regaining compliance allows the company to maintain its focus on executing its growth strategy. The company is expanding its Webster City facility in Iowa into a ready-to-drink manufacturing hub and is pushing into higher-margin, shelf-stable nutrition categories under its Farm-to-Formula strategy.
