Item 8.01 Other Events.

On January 9, 2023, Edible Garden AG Incorporated (the "Company") received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") indicating that Nasdaq granted the Company until February 20, 2023, the maximum amount of time under Nasdaq's listing rules, to regain compliance with the minimum stockholders' equity requirement for continued listing on Nasdaq.

On or before February 20, 2023, the Company must evidence compliance with Nasdaq Listing Rule 5550(b)(1) (the "Stockholders' Equity Rule"). If the Company fails to regain compliance with the Stockholders' Equity Rule, the Company may be subject to delisting. The Company would have the right to a hearing before a Nasdaq hearings panel, which would stay any suspension or delisting action pending the conclusion of the hearing process and the expiration of any additional extension period granted by the panel following the hearing.






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