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Edible Garden AG , Inc. ( (EDBL) ) has provided an announcement.
On August 29, 2025, Edible Garden AG, Inc. entered into a note purchase agreement with Avondale Capital, LLC, agreeing to issue a secured promissory note worth $1,750,000. The company received net proceeds of $1,395,000 after deductions, which will partly be used to settle obligations with Arin Funding LLC. The note, secured by Edible Garden’s assets, includes provisions for prepayment discounts and outlines conditions under which default interest rates apply. This financial maneuver is expected to impact the company’s cash flow and operational flexibility, while also highlighting the importance of maintaining compliance with financial and regulatory obligations to avoid penalties.
The most recent analyst rating on (EDBL) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Edible Garden AG , Inc. stock, see the EDBL Stock Forecast page.
Spark’s Take on EDBL Stock
According to Spark, TipRanks’ AI Analyst, EDBL is a Neutral.
Edible Garden AG, Inc. faces significant financial challenges with declining revenues, high leverage, and negative profitability, which are the most impactful factors on the stock score. Technical analysis indicates bearish momentum, further weighing on the score. Although the company has made strategic moves to focus on high-margin categories and secured additional funding, these positives are overshadowed by current financial and operational difficulties.
To see Spark’s full report on EDBL stock, click here.
More about Edible Garden AG , Inc.
Edible Garden AG, Inc. operates in the agriculture industry, focusing on the production and sale of sustainable and locally grown produce. The company is known for its commitment to environmentally friendly farming practices and offers a range of fresh, organic products aimed at health-conscious consumers.
Average Trading Volume: 166,778
Technical Sentiment Signal: Sell
Current Market Cap: $5.41M
Find detailed analytics on EDBL stock on TipRanks’ Stock Analysis page.