On October 17, 2025, Edible Garden AG Incorporated announced a warrant exercise transaction that raised $4.2 million in gross proceeds. The company entered into an agreement with an accredited investor to exercise 2,021,571 existing warrants, allowing the investor to purchase that many shares at an exercise price of $2.06 per share, which matches the most recent closing price of the company’s common stock.
In exchange for the cash, the investor received new unregistered warrants to purchase 4,043,142 shares of common stock. The new warrants carry an exercise price of $2.06 per share and will expire five years from issuance. The transaction also included a reduction of the exercise price of the existing warrants to $2.06 per share.
The $4.2 million in gross proceeds will be used to support the company’s growth initiatives and strengthen its balance sheet. The company will file a registration statement with the SEC to cover the resale of the shares issuable upon exercise of the new warrants. This financing event provides additional capital without diluting existing shareholders immediately.
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