SCHEDULE 13G/A: Dominion Capital Group Completes Full Divestment of Edible Garden AG Shares
Schedule 13G Amendment
Dominion Capital LLC and its affiliated entities, including Mikhail and Gennadiy Gurevich, have filed an Amendment No. 2 to their Schedule 13G, confirming their complete exit from beneficial ownership of Edible Garden AG Incorporated's common stock.
Summary
- Dominion Capital LLC, Dominion Capital GP LLC, Dominion Capital Holdings LLC, Mikhail Gurevich, and Gennadiy Gurevich (collectively, the "Reporting Persons") have filed an Amendment No. 2 to their Schedule 13G.
- This amendment serves as an "exit filing," indicating that the Reporting Persons no longer own any securities of Edible Garden AG Incorporated.
- As of the filing, the aggregate amount beneficially owned by each Reporting Person is 0.00 shares, representing 0.00% of the class of Common Stock.
- The filing updates previous Schedule 13G filings from October 4, 2024, and February 7, 2025, to reflect the cessation of beneficial ownership of more than five percent of the outstanding shares.
Sentiment
Score: 4
Explanation: The filing indicates a complete divestment by a group of significant shareholders, which, while a factual disclosure, can be interpreted by the market as a negative signal regarding the company's prospects or the shareholders' confidence.
Future Outlook
The document does not provide any forward-looking statements or guidance regarding Edible Garden AG Incorporated's future operations or financial performance.
Management Comments
- "The reporting person no longer owns any securities of the issuer and accordingly this constitutes an exit filing for the reporting person."
Industry Context
This filing is a standard regulatory disclosure of a change in significant beneficial ownership and does not provide information related to broader industry trends or competitors of Edible Garden AG Incorporated.
Stakeholder Impact
- Shareholders: The exit of a significant beneficial owner group may lead to increased trading volume or price volatility as the market reacts to the change in ownership structure.
Key Dates
| Date | Description |
|---|---|
| 2024-10-04 | Initial Schedule 13G filing date. |
| 2025-02-07 | Amendment No. 1 to Schedule 13G filing date. |
| 2025-03-31 | Date of event which requires filing of this statement (cessation of beneficial ownership). |
| 2025-04-01 | Signature date of the Amendment No. 2 filing. |
Keywords
Edible Garden AG Incorporated, Dominion Capital LLC, Schedule 13G, Beneficial Ownership, Exit Filing, Common Stock, SEC Filing, Shareholder Disclosure
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