Harter Secrest & Emery LLP, a full-service business law firm with offices throughout New York, recently represented Edible Garden AG Incorporated (“Edible Garden”) in an initial public offering of shares of its common stock and accompanying warrants, raising total gross proceeds of approximately $14.7 million, and its listing on the Nasdaq Capital Market, under the symbols “EDBL” and “EDBLW.”
The offering closed on May 9, 2022. The HSE Securities and Capital Markets team for the transaction included Alexander R. McClean, Margaret K. Rhoda, and Luke A. Catalano. Maxim Group LLC acted as the lead book-running manager and Joseph Gunnar & Co. acted as joint book-running manager for the offering.
Edible Garden is a controlled environment agriculture (“CEA”) farming company that uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. They use the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
Harter Secrest & Emery is recognized as a leader in the securities and capital markets industry. With 10 attorneys devoted to practicing securities and capital markets law in Western New York, the firm brings a depth and breadth of experience unmatched in the region. Harter Secrest & Emery has represented issuers and underwriters in over 60 public offerings, with clients ranging from businesses seeking start-up capital to Fortune 500 companies. The firm’s securities practitioners assist clients with private and public offerings of securities, ongoing regulatory compliance and reporting, proxy solicitations, tender offers, digital assets and disruptive technologies, and securities litigation and arbitration before the Securities and Exchange Commission, NYSE, Nasdaq, FINRA, and state and federal courts.