SCHEDULE 13G/A: Armistice Capital Reduces Stake in Edible Garden AG Inc to Below 5%

Armistice Capital, LLC and Steven Boyd have reduced their beneficial ownership in Edible Garden AG Inc to 4.99% of common stock, as disclosed in an Amendment No. 2 to Schedule 13G.

Summary

• Armistice Capital, LLC and Steven Boyd, collectively referred to as the 'Reporting Persons,' have filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Edible Garden AG Inc.
• As of March 31, 2025, the Reporting Persons beneficially own an aggregate of 75,458 shares of Edible Garden AG Inc's Common Stock, par value $0.0001 per share.
• This ownership represents 4.99% of the total class of securities.
• The Reporting Persons hold shared voting power and shared dispositive power over all 75,458 shares, with no sole voting or dispositive power.
• Armistice Capital, LLC serves as the investment manager for Armistice Capital Master Fund Ltd., which is the direct holder of these shares.
• Steven Boyd is the managing member of Armistice Capital, LLC.

Sentiment

Score: 3

Explanation: The filing indicates a reduction in beneficial ownership by a significant institutional investor, falling below the 5% threshold, which can be perceived negatively by the market as a sign of decreased confidence.

Negatives

• The beneficial ownership of Armistice Capital, LLC and Steven Boyd in Edible Garden AG Inc has decreased to 4.99%, falling below the 5% threshold that typically triggers new Schedule 13D/G filings. This indicates a reduction in their stake from a previously higher position.

Risks

• The reduction in beneficial ownership by a significant institutional investor may be perceived negatively by the market, potentially signaling a decrease in investor confidence or a strategic divestment, which could lead to downward pressure on the stock price.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may react negatively to the news of a significant institutional investor reducing their stake, potentially leading to a decrease in the company's share price due to perceived loss of confidence.

Key Dates

Recommendation

Keywords

Edible Garden AG Inc, Armistice Capital, Steven Boyd, Schedule 13G, beneficial ownership, common stock, SEC filing, investment manager, institutional investor