Announcement • Jul 29
Edible Garden Ag Incorporated Receives Favorable Decision from Nasdaq Hearings Panel Edible Garden AG Incorporated announced that the Nasdaq Hearings Panel has granted the Company's request for continued listing on The Nasdaq Stock Market, subject to the condition that the Company demonstrate compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of at least $1.00 per share, on or before August 15, 2026. As previously announced, the Company effected a 1-for-45 reverse stock split of its common stock, effective July 13, 2026. Since the reverse stock split became effective, the closing bid price of the Company's common stock has remained at or above $1.00 per share. Compliance with the Bid Price Rule remains subject to confirmation by the Nasdaq Listing Qualifications Staff. The Panel will maintain jurisdiction over the Company's listing through November 23, 2026, and the decision is subject to additional conditions and continued Panel oversight during that period. Additional information regarding the Panel's decision and its terms is available in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on July 28, 2026. There can be no assurance that the Company will demonstrate or maintain compliance with the Bid Price Rule or remain in compliance with Nasdaq's other continued listing standards. Announcement • Jul 15
Edible Garden AG Incorporated Completes Clean-Label Ready-To-Drink Prototype Production At Tetra Pak's New Product Development Center Edible Garden AG Incorporated announced the successful completion of its clean-label ready-to-drink ("RTD") prototype production run at Tetra Pak's New Product Development Center. The successful prototype run marks a significant advancement in the commercialization of Edible Garden's Farm-to-Formula® strategy by validating the Company's proprietary formulations under commercial processing conditions. Insights gained during the production run are expected to support process optimization and manufacturing readiness as the Company advances toward full-scale production at its planned Prairie Hills facility in Webster City, Iowa. Using proprietary clean-label formulations, high-quality protein ingredients and advanced Tetra Pak processing technologies, the Company successfully produced beverages representative of planned commercial manufacturing. Edible Garden expects to leverage the experience gained through the prototype as it continues product development, customer sampling, and commercial readiness activities in preparation for market launch. Edible Garden believes its clean-label RTD platform is well positioned to address growing consumer demand for shelf-stable nutritional beverages across multiple high-growth categories, including sports nutrition, functional wellness, meal replacement, and protein beverages. Designed to support both the Company's branded product portfolio and private-label manufacturing opportunities, the platform supports Edible Garden's strategy of expanding into higher-margin nutrition categories. Following this successful prototype production run, Edible Garden expects to continue product optimization, customer sampling, and commercial readiness activities as it advances toward full-scale manufacturing and the commercialization of its RTD platform. Announcement • Jun 23
Edible Garden AG Incorporated Announces Webster City, City Council Approves Development Agreement Providing Up to $6.3 Million in Performance-Based Tax Increment Financing Incentives Edible Garden AG Incorporated announced that the Webster City, City Council has approved a development agreement providing up to $6.3 million in performance-based tax increment financing incentives to support the Company’s planned redevelopment and expansion of its Prairie Hills facility into a large-scale ready-to-drink beverage production hub. The performance-based agreement provides for up to 30 semi-annual economic development tax increment payments over a 15-year period beginning in late 2029, contingent upon project completion milestones, property ownership requirements, and ongoing compliance with the Company’s Iowa Economic Development Authority Business Incentives for Growth program agreement. Incentive payments are funded solely from a portion of the new property tax revenues generated by the project and are subject to annual appropriation by the Webster City, City Council. The incentive package supports Edible Garden AG Incorporated’s planned $25 million investment in the redevelopment and modernization of its Prairie Hills facility. The project builds upon the previously announced $2.66 million incentive package approved by the Iowa Economic Development Authority through its Business Incentives for Growth program and advances the Company’s Farm-to-Formula strategy focused on higher-margin, shelf-stable nutrition categories. 
