Edible Garden Sets 1-for-5 Reverse Stock Split, Effective Nov. 17
Warrants keep the EDBLW symbol, and the common stock gets new CUSIP 28059P709 when split-adjusted trading begins Nov. 17.
Key terms
- 1-for-5 reverse stock split effective 12:01 a.m. ET on Nov. 17, 2026
- Split-adjusted trading under EDBL starts when the market opens Nov. 17
- New common stock CUSIP 28059P709; warrants keep EDBLW and their CUSIP
- Fractional shares rounded up to the nearest whole share
Edible Garden AG (Nasdaq: EDBL) will combine every five shares of its common stock into one, a 1-for-5 reverse stock split effective 12:01 a.m. Eastern Time on Nov. 17, the company said in an 8-K filed Friday, Nov. 13.
The company filed a certificate of amendment with the Delaware Secretary of State on Nov. 12. Its common stock is expected to begin trading on a split-adjusted basis when the market opens Nov. 17, under the existing ticker EDBL. The new CUSIP for the common stock will be 28059P709. The warrants will continue to trade as EDBLW, and their CUSIP will not change.
What changes for holders
Every 5 shares of common stock will automatically become one share. No fractional shares will be issued. Any fractional shares resulting from the split will be rounded up to the nearest whole share. Exercise prices and the number of shares issuable on warrants, shares reserved under the equity incentive plan, and outstanding awards will be adjusted proportionally.
The split will not change the $0.0001 par value of the common stock, the total number of authorized shares, or the voting rights and other terms of the common stock, the company said.
Share count and reasons
Company records show about 2.0 million shares outstanding as of Aug. 6, a market value of about $1.5 million at the last close of $0.78 on Nov. 12. Those figures predate the split and are approximate. The filing does not state the company's reason for the split.
Sources
Written with AI from the company's SEC filing and our market data, and checked against those sources before publishing. Our editorial standards.
More corporate actions
Reverse stock splits and stock splits →- KALA BIO Sets 1-for-30 Reverse Stock Split, Effective Nov. 13 · KALA · Nov. 12, 2026
- John B. Sanfilippo & Son Declares $2.00 Special Dividend, Payable Dec. 18 · JBSS · Nov. 12, 2026
- IT Tech Packaging Sets 1-for-40 Reverse Stock Split; Effective Date Conflicts · ITP · Nov. 12, 2026
- RLI Corp Declares $3.00 Special Dividend, Payable Dec. 7 · RLI · Nov. 12, 2026
More on Edible Garden
EDBL page →Filings, figures and price history are on the Edible Garden page.