Edible garden regains compliance with nasdaq bid price requirement

Belvidere, nj, april 09, 2025 (globe newswire) -- edible garden ag incorporated (“edible garden” or the “company”) (nasdaq: edbl, edblw), a leader in controlled environment agriculture (cea), locally grown, organic, and sustainable produce and products, today announced that on april 8, 2025, it received formal notice from nasdaq that the company has regained compliance with the minimum bid price requirement under nasdaq listing rule 5550(a)(2) (the “bid price rule”), as required by the decision of the nasdaq hearings panel (the “panel”) dated february 12, 2025. additionally, pursuant to the notice, the company will be subject to a panel monitor, as defined by nasdaq listing rule 5815(d)(4)(a), through april 8, 2026.
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