Cadiz Inc. Files Current Report (8-K)
Ticker: CDZIP · Form: 8-K · Filed: Apr 19, 2024 · CIK: 727273
| Field | Detail |
|---|---|
| Company | Cadiz INC (CDZIP) |
| Form Type | 8-K |
| Filed Date | Apr 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $1,750, $150,000, $20,000, $16 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, current-report
Related Tickers: CDZI
TL;DR
CADIZ filed an 8-K on 4/18/24 - material definitive agreement entered.
AI Summary
On April 18, 2024, Cadiz Inc. entered into a material definitive agreement. The company, headquartered in Los Angeles, CA, operates in the Water Supply industry. This filing is a current report under the Securities Exchange Act of 1934.
Why It Matters
This filing indicates a significant event for Cadiz Inc., potentially related to new agreements or financial developments that could impact its operations and stock value.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, requiring further analysis to understand their full impact.
Key Players & Entities
- CADIZ INC (company) — Registrant
- April 18, 2024 (date) — Date of earliest event reported
- Los Angeles, CA (location) — Company Headquarters
- WATER SUPPLY (industry) — Company's SIC Code
FAQ
What type of material definitive agreement did Cadiz Inc. enter into?
The filing states Cadiz Inc. entered into a "Material Definitive Agreement" but does not specify the nature of the agreement within the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on April 18, 2024.
What is Cadiz Inc.'s Standard Industrial Classification (SIC) code?
Cadiz Inc.'s SIC code is 4941, which corresponds to Water Supply.
Where is Cadiz Inc. headquartered?
Cadiz Inc. is headquartered in Los Angeles, CA.
What is the form type of this filing?
The form type of this filing is an 8-K, a Current Report.
Filing Stats: 1,263 words · 5 min read · ~4 pages · Grade level 13.8 · Accepted 2024-04-19 08:30:25
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share CDZI The NASDAQ Global Ma
- $1,750 — greement, Solstra will pay a maximum of $1,750 per acre-foot in 2024 dollars as the "a
- $150,000 — ke an initial payment to the Company of $150,000, upon notification of service for Solom
- $20,000 — ater provider. Solstra will also make a $20,000 payment to Cadiz to support environment
- $16 million — to receive net revenue of approximately $16 million over 15 years or $850 per AFY in 2024 d
- $850 — roximately $16 million over 15 years or $850 per AFY in 2024 dollars, subject to ann
- $2.25 m — ke an exit payment to the Company up to $2.25 million, subject to annual inflation adju
Filing Documents
- ea0204188-8k_cadizinc.htm (8-K) — 45KB
- ea020418801ex10-1_cadiz.htm (EX-10.1) — 79KB
- 0001213900-24-034270.txt ( ) — 362KB
- cdzi-20240418.xsd (EX-101.SCH) — 4KB
- cdzi-20240418_def.xml (EX-101.DEF) — 26KB
- cdzi-20240418_lab.xml (EX-101.LAB) — 36KB
- cdzi-20240418_pre.xml (EX-101.PRE) — 25KB
- ea0204188-8k_cadizinc_htm.xml (XML) — 6KB
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 19, 2024 3