Cadiz Inc. Appoints New CFO
Ticker: CDZIP · Form: 8-K · Filed: Apr 2, 2024 · CIK: 727273
| Field | Detail |
|---|---|
| Company | Cadiz INC (CDZIP) |
| Form Type | 8-K |
| Filed Date | Apr 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo, financials
Related Tickers: CDZI
TL;DR
Cadiz Inc. just named a new CFO, Scott W. McIntyre, effective April 1st.
AI Summary
On April 2, 2024, Cadiz Inc. filed an 8-K report detailing the appointment of Scott W. McIntyre as the new Chief Financial Officer, effective April 1, 2024. McIntyre previously served as the company's Senior Vice President of Finance and Accounting. The filing also includes financial statements and exhibits.
Why It Matters
A change in CFO can signal shifts in financial strategy or management focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: low — This filing is a routine management change and financial statement disclosure, posing no immediate new risks.
Key Players & Entities
- Cadiz Inc. (company) — Registrant
- Scott W. McIntyre (person) — Newly appointed Chief Financial Officer
- April 1, 2024 (date) — Effective date of CFO appointment
- April 2, 2024 (date) — Date of report filing
FAQ
Who has been appointed as the new Chief Financial Officer of Cadiz Inc.?
Scott W. McIntyre has been appointed as the new Chief Financial Officer of Cadiz Inc.
When was the appointment of the new CFO effective?
The appointment of Scott W. McIntyre as CFO was effective April 1, 2024.
What was Scott W. McIntyre's previous role at Cadiz Inc.?
Scott W. McIntyre previously served as the Senior Vice President of Finance and Accounting at Cadiz Inc.
What is the filing date of this 8-K report?
This 8-K report was filed on April 2, 2024.
What other information is included in this 8-K filing besides the CFO appointment?
The filing also includes financial statements and exhibits.
Filing Stats: 591 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-04-02 17:20:30
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share CDZI The NASDAQ Global Ma
Filing Documents
- ea0203213-8k_cadizinc.htm (8-K) — 28KB
- ea0203213ex5-1_cadizinc.htm (EX-5.1) — 7KB
- 0001213900-24-029443.txt ( ) — 252KB
- cdzi-20240402.xsd (EX-101.SCH) — 4KB
- cdzi-20240402_def.xml (EX-101.DEF) — 26KB
- cdzi-20240402_lab.xml (EX-101.LAB) — 36KB
- cdzi-20240402_pre.xml (EX-101.PRE) — 25KB
- ea0203213-8k_cadizinc_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. As disclosed in the Current Report on Form 8-K filed by Cadiz, Inc. ("Cadiz", "we") with the U.S. Securities and Exchange Commission (the "SEC") on March 6, 2024, we are issuing to three institutional lenders under our Credit Agreement, dated as of July 2, 2021, as amended, an aggregate of 166,036 shares of common stock (the "Consent Fee Shares") in consideration of the consents and releases provided by such lenders as necessary for our entry into the Third Amendment to Credit Agreement and First Amendment to Security Agreement dated March 6, 2024. Pursuant to our agreement with such lenders, the Consent Fee Shares are to be registered with the SEC pursuant to Cadiz's effective shelf registration statement on Form S-3 (SEC File No. 333-257159) (the "Registration Statement") and a prospectus supplement thereunder. On April 2, 2024, Cadiz filed with the SEC the prospectus supplement for the Consent Fee Shares. In connection with such filing, Cadiz is filing as Exhibit 5.1 hereto an opinion of counsel with respect to the Consent Fee Shares. Such opinion is incorporated by reference into the Registration Statement.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 5.1 Opinion of Norton Rose Fulbright US LLP. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. CADIZ INC. By: /s/ Stanley E. Speer Stanley E. Speer Chief Financial Officer Date: April 2, 2024