Edible Garden AG (EDBL) Prices 2.7M Unit Offering at $1.10/unit

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Edible Garden Announces Pricing of $3.0 Million Underwritten Public Offering

September 7, 2023 9:31 AM EDT

BELVIDERE, NJ, Sept. 07, 2023 (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 the pricing of its underwritten public offering of 2,700,726 units, with each unit consisting of one share of common stock and one warrant to purchase one share of common stock. Each unit is being sold at a public offering price of $1.10 per unit. The warrants in the units will be immediately exercisable at a price of $1.10 per share and will expire five years from... More