Edible Garden AG enters USD 12 million note financing with Streeterville Capital

Edible Garden AG Inc

Edible Garden AG Inc

EDBL

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  • Edible Garden entered a notes purchase agreement with Streeterville Capital on June 12, 2026 for USD 12 million financing.
  • Structure includes a USD 2.17 million Promissory Note A-1, issued with a USD 160,000 original issue discount, carrying 8% interest.
  • Also includes a USD 10 million Secured Promissory Note B carrying 5% interest; both notes mature 18 months from issuance.
  • Streeterville can require cash redemptions starting six months after issuance, including monthly redemption rights under specified conditions.
  • Financing is secured by a deposit account control arrangement, a pledge of EDBL Holdings equity, supported by subsidiary guarantees.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edible Garden AG Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-003846), on June 12, 2026, and is solely responsible for the information contained therein.

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