Data / Crowdfunding / New Jersey / Edible Garden AG Inc
Edible Garden AG Inc: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $1,070,000 (2021)
Edible Garden AG Inc, a corporation in Belvidere, NJ, filed a Form C with the SEC on January 15, 2021 to raise $25,000 to $1,070,000 in Crowd Safe Units of SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 30, 2021. In its most recent fiscal year it reported $0 in revenue and $0 in net income, with 56 employees.
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- Website
- ediblegarden.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 283 COUNTY ROAD 519, Belvidere, NJ 07823
- Legal form
- Corporation
- Jurisdiction
- WY
- Incorporated
- March 28, 2020
- SEC CIK
- 0001809750
Offering terms
From the amendment filed January 15, 2021.
- Security
- Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2021
- Portal compensation
- 6% of the amount raised in the Offering.
Financials
From the Form C-U filed April 5, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $0 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 5, 2021 | Progress update | $25,000 | $1,070,000 | April 30, 2021 | The Offering closed successfully on April 3, 2021, having received investment commitments of $529,508 although a final accounting has not taken place. | sec.gov |
| January 15, 2021 | Amendment | $25,000 | $1,070,000 | April 30, 2021 | The offering deadline has been extended. The cash on hand has been updated. The information about intermediate closings, a patent, a risk factor, and an intended capital expenditure have been added, among other changes. | sec.gov |
| October 29, 2020 | Offering | $25,000 | $1,070,000 | January 15, 2021 | sec.gov |
Updated April 5, 2021. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.