Edible Garden AG Inc.

08/03/2022 | Press release | Distributed by Public on 08/03/2022 14:11

Supplemental Prospectus - Form 424B3

edbl_424b3.htm

Filed pursuant to Rule 424(b)(3)

Registration No. 333-260655

Prospectus Supplement No. 3 Dated August 3, 2022

(To Prospectus Dated May 5, 2022)

2,930,000 Shares of Common Stock issuable upon exercise of the Warrants and

117,200 Shares of Common Stock issuable upon exercise of the Representative's Warrants

______________________________________________

This Prospectus Supplement No. 3 (the "Prospectus Supplement") updates and supplements the prospectus of Edible Garden AG Incorporated (the "Company," "we," "us," or "our") dated May 5, 2022, as updated and supplemented by Prospectus Supplement No. 1 dated June 22, 2022 and Supplement No. 2 dated July 5, 2022 (the "Prospectus"), with the following attached document which we filed with the Securities and Exchange Commission (the "SEC"):

A. Our Current Report on Form 8-K filed on August 2, 2022.

This Prospectus Supplement should be read in conjunction with the Prospectus, which is required to be delivered with this Prospectus Supplement. This Prospectus Supplement updates, amends and supplements the information included in the Prospectus. If there is any inconsistency between the information in the Prospectus and this Prospectus Supplement, you should rely on the information in this Prospectus Supplement.

This Prospectus Supplement is not complete without, and may not be delivered or utilized except in connection with, the Prospectus, including any amendments or supplements to it.

The purchase of the securities offered through the Prospectus involves a high degree of risk. Before making any investment in our securities, you should carefully consider the risk factors section beginning on page 8 of the Prospectus.

You should rely only on the information contained in the Prospectus, as supplemented or amended by this Prospectus Supplement and any other prospectus supplement or amendment thereto. We have not authorized anyone to provide you with different information.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of the Prospectus. Any representation to the contrary is a criminal offense.

The date of this Prospectus Supplement is August 3, 2022.

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Index to Filings

Annex

The Company's Current Report on Form 8-K filed on August 2, 2022

A

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Annex A



UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 27, 2022

EDIBLE GARDEN AG INCORPORATED

(Exact name of registrant as specified in its charter)



Delaware

001-41371

85-0558704

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)



283 County Road 519, Belvidere, New Jersey

07823

(Address of principal executive offices)

(Zip Code)



Registrant's telephone number, including area code: (908) 750-3953

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

EDBL

The Nasdaq Stock Market LLC

Warrants to purchase Common Stock

EDBLW

The Nasdaq Stock Market LLC



Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On July 27, 2022, Tracy Nazzaro notified the Chairman of the Board of Directors of Edible Garden AG Incorporated (the "Company") of her decision to resign, effective immediately, from her position as a member of the Boards of Directors of the Company. Ms. Nazzaro's resignation was not related to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

Following the Company's notification to the Nasdaq Stock Market LLC ("Nasdaq") on July 28, 2022, the Company received a notification from Nasdaq on August 1, 2022 that, as a result of Ms. Nazzaro's resignation, the Company was no longer in compliance with (i) Nasdaq Listing Rule 5605(b)(1), which requires the Board to be comprised of a majority of independent directors; and (ii) Nasdaq Listing Rule 5605(c)(2), which requires the audit committee to consist of at least three members, each of whom is an independent director under the Nasdaq Listing Rules and who meets heightened independence standards for audit committee members. Consistent with Nasdaq Listing Rules 5605(b)(1)(A) and 5605(c)(4), the Company intends to take action to satisfy these Nasdaq Listing Rules prior to the expiration of the cure period at the earlier of the Company's next annual stockholder meeting or July 27, 2023.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The information contained in Item 3.01 of this Current Report on Form 8-K is incorporated herein by reference.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EDIBLE GARDEN AG INCORPORATED

Date: August 2, 2022

/s/ Michael James

Name:

Michael James

Title:

Chief Financial Officer



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