04:27 AM EDT, 04/03/2024 (MT Newswires) -- Edible Garden AG Incorporated ( EDBL ) said late Tuesday it is planning to implement a 1-for-20 reverse split of its common shares, effective April 5.
Under the plan, every 20 common shares will be consolidated into one common share, the company said.
Shares are expected to begin trading on a split-adjusted basis at the market open on April 5.