-+ 0.00%
-+ 0.00%
-+ 0.00%
Edible Garden Issues $3.83 Million Secured Note to Streeterville at 8% Interest
Share
Listen to the news
Edible Garden Issues $3.83 Million Secured Note to Streeterville at 8% Interest
  • Edible Garden issued a $3.83 million secured promissory note to Streeterville Capital on October 30, 2026, to finance an Iowa property acquisition.
  • The note matures five years from issuance and bears 8% annual interest, compounded daily.
  • A mortgage on the acquired property, granted by wholly owned subsidiary Edible Garden Prairie Hills, secures the note.
  • The $6.33 million acquisition from Iowa Shrimp Holdings closed October 30; the property is being developed as a ready-to-drink manufacturing facility.
  • Purchase consideration also included Series B Preferred Stock: 1,000 shares valued at $1 million at closing; 1,500 valued at $1.5 million September 30.


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: 0001477932-26-006550), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending