Edible Garden AG Inc, a controlled environment agriculture (“CEA”) farming company, has filed Form S-1 Registration Statement on November 1, 2021 with the U.S. Securities and Exchange Commission to raise up to $93 million IPO. Pricing terms are yet to announce.
The company uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. They use the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
The Belvidere, New Jersey-based company was founded in 2015 and booked $10 million in sales for the 12 months ended June 30, 2021. It plans to list on the Nasdaq Capital Market under the symbol “EDBL”. Maxim Group LLC is the underwriter of the IPO.
The company engages Harter Secrest & Emery LLP as US Securities Counsel, and Marcum LLP as Independent Auditor.
#ipo #nasdaq #ediblegarden #ControlledEnviromentAgriculture #CEA #farming
Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,
namely NYSE, Nasdaq and OTC Markets.
Should you interested to list your company in US Stock Market,
please contact us at [email protected]