Edible Garden (EDBL) Registration filing summary

Company overview and business model

• Operates as a controlled environment agriculture (CEA) company using technology and traditional methods to grow organic food sustainably, focusing on year-round production with reduced resource use.

• Product portfolio includes over 140 SKUs across fresh produce, shelf-stable and refrigerated consumer packaged goods, and private label offerings.

• Facilities are located in Michigan, Iowa, and New Jersey, with a network of contract growers near major U.S. population centers.

• Holds food safety and organic certifications, and leverages proprietary GreenThumb® software for production and logistics optimization.

• Recent strategic shift toward a vertically integrated clean-label nutrition platform, expanding into ready-to-drink (RTD) beverages and nutrition products.

Financial performance and metrics

• History of operating losses and expectation of continued near-term losses; auditors have expressed substantial doubt about ability to continue as a going concern.

• Entered into a $12 million Notes Purchase Agreement in June 2026, with promissory notes bearing 5% and 8% interest rates and 18-month maturities.

Use of proceeds and capital allocation

• Net proceeds from securities sales intended for working capital, general corporate purposes, RTD facility buildout, debt repayment/refinancing, and capital expenditures.

• Management retains broad discretion over allocation and timing of proceeds.