{"success":true,"data":{"pressRelease":{"id":"100746","rtpr_id":"nGNX4v3KpS","ticker":"EDBL","exchange":"NASDAQ","all_tickers":["EDBL","EDBLW"],"title":"Edible Garden Receives Favorable Decision from Nasdaq Hearings Panel","author":"Globe Newswire","published_at":"2026-07-28T14:50:00.034Z","article_body":"BELVIDERE, NJ, July 28, 2026 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated\n(“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in\ncontrolled environment agriculture (CEA), organic and sustainable produce, and\ndeveloper of the Zero-Waste Inspired® mission and Farm-to-Formula® platform,\ntoday announced that the Nasdaq Hearings Panel has granted the Company's\nrequest for continued listing on The Nasdaq Stock Market, subject to the\ncondition that the Company demonstrate compliance with Nasdaq Listing Rule\n5550(a)(2), which requires a minimum closing bid price of at least $1.00 per\nshare, on or before August 15, 2026.\n\nAs previously announced, the Company effected a 1-for-45 reverse stock split\nof its common stock, effective July 13, 2026. Since the reverse stock split\nbecame effective, the closing bid price of the Company's common stock has\nremained at or above $1.00 per share. Compliance with the Bid Price Rule\nremains subject to confirmation by the Nasdaq Listing Qualifications Staff.\n\n“We’re pleased with the Panel’s decision,” said Jim Kras, Chief\nExecutive Officer of Edible Garden. “It keeps our attention where it belongs\n— on building out the Webster City ready-to-drink facility, moving into\nhigher-margin nutrition categories, and continuing to take cost out of the\nbusiness. We expect to have more to report on each of these in the coming\nmonths.”\n\nThe Panel will maintain jurisdiction over the Company’s listing through\nNovember 23, 2026, and the decision is subject to additional conditions and\ncontinued Panel oversight during that period. Additional information regarding\nthe Panel’s decision and its terms is available in the Company’s Current\nReport on Form 8-K filed with the Securities and Exchange Commission on July\n28, 2026.\n\nThere can be no assurance that the Company will demonstrate or maintain\ncompliance with the Bid Price Rule or remain in compliance with Nasdaq’s\nother continued listing standards.\n\nABOUT EDIBLE GARDEN(®)\n\nEdible Garden AG Incorporated is a leader in controlled environment\nagriculture (CEA), delivering organic, better-for-you, sustainable produce and\nproducts through its Zero-Waste Inspired(®) next-generation farming model.\nAvailable in over 6,000 retail locations across the United States, Caribbean,\nand South America, Edible Garden is at the forefront of the CEA and\nsustainability technology movement, distinguished by its advanced\nsafety-in-farming protocols, sustainable packaging, patented GreenThumb\nsoftware, and innovative Self-Watering in-store displays. The Company operates\nstate-of-the-art, vertically integrated greenhouses and processing facilities,\nincluding Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden\nPrairie Hills in Webster City, Iowa; and its headquarters at Edible Garden\nBelvidere in New Jersey. It also partners with a network of contract growers\nstrategically located near major U.S. markets to ensure freshness and reduce\nenvironmental impact. The Company is also expanding its Prairie Hills facility\nin Webster City, Iowa, into a dedicated ready-to-drink (RTD) clean nutrition\nmanufacturing hub, supporting its Farm-to-Formula® strategy and its\ntransformation into higher-margin, shelf-stable nutrition categories.\n\nEdible Garden’s proprietary GreenThumb 2.0 software—protected by U.S.\nPatents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes\nvertical and traditional greenhouse growing conditions while aiming to reduce\nfood miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is\ndesigned to extend plant shelf life and elevate in-store presentation. In\naddition to its core CEA operations, Edible Garden owns three patents in\nadvanced aquaculture technologies: a closed-loop shrimp farming system (US\n6,615,767 B1), a modular recirculating aquaculture setup with automated water\ntreatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control\nmethod utilizing electrolytic chlorine generation (US 11,297,809 B1).\n\nThe Company has been recognized as a FoodTech 500 firm by Forward Fooding, is\na multi-year participant in Walmart’s Project Gigaton and a Giga Guru\ndesignee and has received NRG’s Excellence in Energy Award for its\ncommitment to measurable environmental performance and energy stewardship.\nEdible Garden also develops and markets a growing line of nutrition and\nspecialty food products, including Vitamin Way(®) and Vitamin\nWhey(®)—plant and whey protein powders—and Kick. Sports Nutrition, a\npremium performance line for health-conscious athletes seeking cleaner,\nbetter-for-you options. The Company’s offerings further include fresh,\nsustainable condiments such as Pulp fermented gourmet and chili-based sauces,\nas well as Pickle Party, a collection of fermented fresh pickles and krauts.\n\nLearn more at https://ediblegardenag.com.\nFor Pulp products, visit https://www.pulpflavors.com.\nFor Vitamin Whey® products, visit https://vitaminwhey.com.\nFor Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/.\nWatch the Company’s latest corporate video here\n(https://www.globenewswire.com/Tracker?data=gUrPuP6sgyAHeAUFxR8rX-vEnsoEr-bgaWNDZS7kmz2oNk77ley_AkrtYPIIKVVFyE0MJ5uiT3zaB9InlYrWVg==).\n\nFORWARD-LOOKING STATEMENTS\n\nThis press release contains “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, and Section\n21E of the Securities Exchange Act of 1934, as amended. Words such as\n“believe,” “can,” “could,” “expect,” “may,” “plan,”\n“will” and similar expressions are intended to identify forward-looking\nstatements, although not all forward-looking statements contain these words.\nThese statements include, without limitation, statements regarding the\nCompany’s ability to demonstrate and maintain compliance with the Bid Price\nRule and Nasdaq’s other continued listing standards, the development of the\nCompany’s ready-to-drink manufacturing facility in Webster City, Iowa, and\nthe Company’s Farm-to-Formula® strategy. Forward-looking statements are\nbased on the Company’s current expectations and are subject to risks and\nuncertainties that could cause actual results to differ materially from those\nexpressed or implied, including those described in the “Risk Factors”\nsection and other sections of the Company’s reports filed with the\nSecurities and Exchange Commission. All forward-looking statements speak only\nas of the date on which they are made, and the Company undertakes no duty to\nupdate or revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nInvestor Contacts:\nCrescendo Communications, LLC\n212-671-1020\nEDBL@crescendo-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d358b3e1-f835-4bf2-b91a-05743c591e68)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4v3KpS","title":"Edible Garden Receives Favorable Decision from Nasdaq Hearings Panel","author":"Globe Newswire","ticker":"EDBL","created":"2026-07-28T14:50:00.034Z","tickers":["EDBL","EDBLW"],"exchange":"NASDAQ","article_body":"BELVIDERE, NJ, July 28, 2026 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated\n(“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in\ncontrolled environment agriculture (CEA), organic and sustainable produce, and\ndeveloper of the Zero-Waste Inspired® mission and Farm-to-Formula® platform,\ntoday announced that the Nasdaq Hearings Panel has granted the Company's\nrequest for continued listing on The Nasdaq Stock Market, subject to the\ncondition that the Company demonstrate compliance with Nasdaq Listing Rule\n5550(a)(2), which requires a minimum closing bid price of at least $1.00 per\nshare, on or before August 15, 2026.\n\nAs previously announced, the Company effected a 1-for-45 reverse stock split\nof its common stock, effective July 13, 2026. Since the reverse stock split\nbecame effective, the closing bid price of the Company's common stock has\nremained at or above $1.00 per share. Compliance with the Bid Price Rule\nremains subject to confirmation by the Nasdaq Listing Qualifications Staff.\n\n“We’re pleased with the Panel’s decision,” said Jim Kras, Chief\nExecutive Officer of Edible Garden. “It keeps our attention where it belongs\n— on building out the Webster City ready-to-drink facility, moving into\nhigher-margin nutrition categories, and continuing to take cost out of the\nbusiness. We expect to have more to report on each of these in the coming\nmonths.”\n\nThe Panel will maintain jurisdiction over the Company’s listing through\nNovember 23, 2026, and the decision is subject to additional conditions and\ncontinued Panel oversight during that period. Additional information regarding\nthe Panel’s decision and its terms is available in the Company’s Current\nReport on Form 8-K filed with the Securities and Exchange Commission on July\n28, 2026.\n\nThere can be no assurance that the Company will demonstrate or maintain\ncompliance with the Bid Price Rule or remain in compliance with Nasdaq’s\nother continued listing standards.\n\nABOUT EDIBLE GARDEN(®)\n\nEdible Garden AG Incorporated is a leader in controlled environment\nagriculture (CEA), delivering organic, better-for-you, sustainable produce and\nproducts through its Zero-Waste Inspired(®) next-generation farming model.\nAvailable in over 6,000 retail locations across the United States, Caribbean,\nand South America, Edible Garden is at the forefront of the CEA and\nsustainability technology movement, distinguished by its advanced\nsafety-in-farming protocols, sustainable packaging, patented GreenThumb\nsoftware, and innovative Self-Watering in-store displays. The Company operates\nstate-of-the-art, vertically integrated greenhouses and processing facilities,\nincluding Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden\nPrairie Hills in Webster City, Iowa; and its headquarters at Edible Garden\nBelvidere in New Jersey. It also partners with a network of contract growers\nstrategically located near major U.S. markets to ensure freshness and reduce\nenvironmental impact. The Company is also expanding its Prairie Hills facility\nin Webster City, Iowa, into a dedicated ready-to-drink (RTD) clean nutrition\nmanufacturing hub, supporting its Farm-to-Formula® strategy and its\ntransformation into higher-margin, shelf-stable nutrition categories.\n\nEdible Garden’s proprietary GreenThumb 2.0 software—protected by U.S.\nPatents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes\nvertical and traditional greenhouse growing conditions while aiming to reduce\nfood miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is\ndesigned to extend plant shelf life and elevate in-store presentation. In\naddition to its core CEA operations, Edible Garden owns three patents in\nadvanced aquaculture technologies: a closed-loop shrimp farming system (US\n6,615,767 B1), a modular recirculating aquaculture setup with automated water\ntreatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control\nmethod utilizing electrolytic chlorine generation (US 11,297,809 B1).\n\nThe Company has been recognized as a FoodTech 500 firm by Forward Fooding, is\na multi-year participant in Walmart’s Project Gigaton and a Giga Guru\ndesignee and has received NRG’s Excellence in Energy Award for its\ncommitment to measurable environmental performance and energy stewardship.\nEdible Garden also develops and markets a growing line of nutrition and\nspecialty food products, including Vitamin Way(®) and Vitamin\nWhey(®)—plant and whey protein powders—and Kick. Sports Nutrition, a\npremium performance line for health-conscious athletes seeking cleaner,\nbetter-for-you options. The Company’s offerings further include fresh,\nsustainable condiments such as Pulp fermented gourmet and chili-based sauces,\nas well as Pickle Party, a collection of fermented fresh pickles and krauts.\n\nLearn more at https://ediblegardenag.com.\nFor Pulp products, visit https://www.pulpflavors.com.\nFor Vitamin Whey® products, visit https://vitaminwhey.com.\nFor Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/.\nWatch the Company’s latest corporate video here\n(https://www.globenewswire.com/Tracker?data=gUrPuP6sgyAHeAUFxR8rX-vEnsoEr-bgaWNDZS7kmz2oNk77ley_AkrtYPIIKVVFyE0MJ5uiT3zaB9InlYrWVg==).\n\nFORWARD-LOOKING STATEMENTS\n\nThis press release contains “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933, as amended, and Section\n21E of the Securities Exchange Act of 1934, as amended. Words such as\n“believe,” “can,” “could,” “expect,” “may,” “plan,”\n“will” and similar expressions are intended to identify forward-looking\nstatements, although not all forward-looking statements contain these words.\nThese statements include, without limitation, statements regarding the\nCompany’s ability to demonstrate and maintain compliance with the Bid Price\nRule and Nasdaq’s other continued listing standards, the development of the\nCompany’s ready-to-drink manufacturing facility in Webster City, Iowa, and\nthe Company’s Farm-to-Formula® strategy. Forward-looking statements are\nbased on the Company’s current expectations and are subject to risks and\nuncertainties that could cause actual results to differ materially from those\nexpressed or implied, including those described in the “Risk Factors”\nsection and other sections of the Company’s reports filed with the\nSecurities and Exchange Commission. All forward-looking statements speak only\nas of the date on which they are made, and the Company undertakes no duty to\nupdate or revise any forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nInvestor Contacts:\nCrescendo Communications, LLC\n212-671-1020\nEDBL@crescendo-ir.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d358b3e1-f835-4bf2-b91a-05743c591e68)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-28T14:50:00.104660845Z","server_sent_at_ms":1785250200104},"received_at":"2026-07-28T14:50:00.156Z","source_url":"https://www.globenewswire.com/news-release/2026/07/28/3334472/0/en/edible-garden-receives-favorable-decision-from-nasdaq-hearings-panel.html"},"analysis":{"id":"89784","press_release_id":"100746","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["1-for-45 reverse stock split executed to regain compliance","Listing status remains conditional on maintaining $1.00 bid price by August 15, 2026","Nasdaq Panel retains oversight through November 23, 2026"],"eventType":"regulatory","narrative":"Edible Garden received a favorable decision from the Nasdaq Hearings Panel allowing for continued listing, contingent on demonstrating a minimum closing bid price of $1.00 by August 15, 2026.\n\nThe compliance follows a previously announced 1-for-45 reverse stock split effective July 13, which successfully raised the stock price above the required threshold.\n\nThe Panel will maintain jurisdiction over the listing until November 23, 2026, subject to additional conditions and oversight during this period.","sentiment":"mixed","agentHooks":{"shouldPost":true,"suggestedAngle":"Edible Garden clings to Nasdaq listing after massive 1-for-45 reverse split, buys time until November."},"keyFigures":{"customDimensions":{"compliance_deadline":"August 15, 2026","reverse_split_ratio":"1-for-45","bid_price_requirement":"$1.00","jurisdiction_end_date":"November 23, 2026"}},"quotedText":"We’re pleased with the Panel’s decision,” said Jim Kras, Chief Executive Officer of Edible Garden. “It keeps our attention where it belongs — on building out the Webster City ready-to-drink facility, moving into higher-margin nutrition categories, and continuing to take cost out of the business.","namedEntities":{"people":[{"name":"Jim Kras","role":"Chief Executive Officer"}],"products":["Zero-Waste Inspired","Farm-to-Formula","GreenThumb","Self-Watering display","Vitamin Way","Vitamin Whey","Kick. 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Continued listing remains conditional on maintaining the $1.00 bid price through mid-August and continued oversight through November."},"tickerRelevance":{"others":[],"primary":"EDBL"},"globalImportance":15,"audienceRelevance":20,"eventTypeSecondary":["reverse_split"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"listing-compliance-relief","householdBrandBoost":0}},"event_type":"regulatory","event_type_secondary":["reverse_split"],"sentiment":"mixed","material_impact_score":4,"narrative":"Edible Garden received a favorable decision from the Nasdaq Hearings Panel allowing for continued listing, contingent on demonstrating a minimum closing bid price of $1.00 by August 15, 2026.\n\nThe compliance follows a previously announced 1-for-45 reverse stock split effective July 13, which successfully raised the stock price above the required threshold.\n\nThe Panel will maintain jurisdiction over the listing until November 23, 2026, subject to additional conditions and oversight during this period.","key_figures":{"customDimensions":{"compliance_deadline":"August 15, 2026","reverse_split_ratio":"1-for-45","bid_price_requirement":"$1.00","jurisdiction_end_date":"November 23, 2026"}},"named_entities":{"people":[{"name":"Jim Kras","role":"Chief Executive Officer"}],"products":["Zero-Waste Inspired","Farm-to-Formula","GreenThumb","Self-Watering display","Vitamin Way","Vitamin Whey","Kick. 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