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Edible Garden因500万美元股权出售而下跌4%

2024-09-06 18:42

  • Edible Garden (NASDAQ:EDBL) filed to offer ~4.67M units at an assumed public offering price of $1.07 per unit.
  • Each unit will consist of one share of common Stock or one pre-funded warrant one warrant to purchase up to one share. Each warrant will have an assumed exercise price of $1.07 per share.
  • Gross proceeds are expected to be $5M.
  • The company is currently in compliance with Nasdaq’s rule because our stockholders’ equity is less than the required minimum of $2.5M, and it does not satisfy an alternative compliance standard. 
  • Source: Form S-1 filing
  • The stock price dropped 3.9% on Friday during pre-market trade.
 

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