Edible Garden AG Incorporated has successfully completed a clean-label ready-to-drink (RTD) prototype production run at Tetra Pak's New Product Development Center. This milestone validates the company's proprietary formulations under commercial processing conditions, marking a significant advancement in the commercialization of its Farm-to-Formula® strategy. The achievement supports process optimization and manufacturing readiness as Edible Garden advances toward full-scale production at its planned Prairie Hills facility in Webster City, Iowa.

The company utilized proprietary clean-label formulations, high-quality protein ingredients, and advanced Tetra Pak processing technologies to produce beverages representative of planned commercial manufacturing. Edible Garden expects to leverage insights gained from this run to continue product development, customer sampling, and commercial readiness activities in preparation for market launch. The platform is designed to address growing consumer demand for shelf-stable nutritional beverages across categories such as sports nutrition, functional wellness, meal replacement, and protein beverages.

"Successfully completing this prototype production run validates our formulation and manufacturing approach under commercial processing conditions and moves us another meaningful step closer to commercial production," said Jim Kras, Chief Executive Officer of Edible Garden. He emphasized that the achievement reinforces confidence in transitioning from product development to commercial manufacturing while preserving quality, functionality, and clean-label standards.

Project Details

The Prairie Hills facility remains a key component of Edible Garden's strategy, designed to produce more than 100 million beverage units annually. The company has previously engaged E2 Building Group to oversee construction of the 400,000-square-foot site, which will serve as a large-scale clean nutrition manufacturing hub using Tetra Pak technologies.

Strategic Impact

The facility aims to provide a scalable manufacturing platform for both branded and private-label customers. By validating its formulations through the recent prototype run, Edible Garden intends to position itself for long-term growth in the clean nutrition and RTD markets. The company continues to focus on product optimization and commercial readiness as it moves toward full-scale manufacturing.

Edible Garden AG Incorporated exchanged 1,134 shares of its Series B Preferred Stock for 8,203,075 common shares through agreements with Streeterville Capital, LLC. The transactions, executed on July 8, 2026 and July 9, 2026, involved preferred stock with an aggregate stated value of $1,134,000. The exchange allows the company to convert preferred holdings into common equity at specified conversion prices.

The exchange agreements stipulated different conversion rates for portions of the preferred stock. For 432 shares exchanged on July 8, 2026 and all shares exchanged on July 9, 2026, the conversion price was set at $0.13 per share. The remaining 507 shares of preferred stock were converted at a price of $0.15 per share. The par value for both the preferred and common stock involved in the transaction is $0.0001 per share.

Transaction Details

The breakdown of the exchange agreements is outlined below:

Regulatory Compliance

The issuance of the common shares was not registered under the Securities Act of 1933, as amended. Instead, the transaction was conducted pursuant to the exemption provided in Section 3(a)(9) of the Securities Act. This section typically covers exchanges of securities by the issuer with a holder where no commission or other remuneration is paid or given directly or indirectly for soliciting the exchange.