Cadiz Inc. Announces 2024 Annual Meeting of Stockholders on June 11, 2024

Ticker: CDZIP · Form: DEF 14A · Filed: Apr 26, 2024 · CIK: 727273

Cadiz INC DEF 14A Filing Summary
FieldDetail
CompanyCadiz INC (CDZIP)
Form TypeDEF 14A
Filed DateApr 26, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: annual meeting, proxy statement, board of directors, equity incentive plan, shareholder vote

TL;DR

<b>Cadiz Inc. will hold its 2024 Annual Meeting of Stockholders virtually on June 11, 2024, to elect directors and vote on amendments to its Certificate of Incorporation and Equity Incentive Plan.</b>

AI Summary

CADIZ INC (CDZIP) filed a Proxy Statement (DEF 14A) with the SEC on April 26, 2024. The 2024 Annual Meeting of Stockholders for Cadiz Inc. will be held virtually on June 11, 2024, at 10:00 a.m. Pacific Time. The meeting will include the election of nine members to the Board of Directors. Stockholders will vote on an amendment to the Certificate of Incorporation to increase authorized shares of common stock. An amendment to the Cadiz Inc. 2019 Equity Incentive Plan will be presented for approval to increase shares reserved for issuance. The meeting will be conducted via the Internet at https://www.cstproxy.com/cadiz/2024.

Why It Matters

For investors and stakeholders tracking CADIZ INC, this filing contains several important signals. The election of directors and proposed amendments to corporate governance documents are key decisions for shareholders to influence the company's future direction. Shareholder approval of increased authorized shares and equity plan shares could impact future capital raising and employee compensation strategies.

Risk Assessment

Risk Level: low — CADIZ INC shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Shareholders should review the proposals regarding director elections and amendments to corporate documents to make informed voting decisions.

Key Numbers

Key Players & Entities

FAQ

When did CADIZ INC file this DEF 14A?

CADIZ INC filed this Proxy Statement (DEF 14A) with the SEC on April 26, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CADIZ INC (CDZIP).

Where can I read the original DEF 14A filing from CADIZ INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CADIZ INC.

What are the key takeaways from CADIZ INC's DEF 14A?

CADIZ INC filed this DEF 14A on April 26, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for Cadiz Inc. will be held virtually on June 11, 2024, at 10:00 a.m. Pacific Time.. The meeting will include the election of nine members to the Board of Directors.. Stockholders will vote on an amendment to the Certificate of Incorporation to increase authorized shares of common stock..

Is CADIZ INC a risky investment based on this filing?

Based on this DEF 14A, CADIZ INC presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

What should investors do after reading CADIZ INC's DEF 14A?

Shareholders should review the proposals regarding director elections and amendments to corporate documents to make informed voting decisions. The overall sentiment from this filing is neutral.

Risk Factors

Key Dates

Glossary

DEF 14A
Definitive Proxy Statement filed with the SEC. (Indicates the type of filing and its purpose for shareholder communication.)
Certificate of Incorporation
The foundational document of a corporation, outlining its structure and powers. (Amendments to this document require shareholder approval and can alter the company's capital structure.)
Equity Incentive Plan
A plan that allows a company to grant stock options or other equity-based awards to employees. (Amendments to increase share reserves impact potential dilution and employee compensation.)

Filing Stats: 4,792 words · 19 min read · ~16 pages · Grade level 11 · Accepted 2024-04-26 14:37:30

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 34 Summary Compensation Table 34 Outstanding Equity Awards at Fiscal Year-End 35 Pension Benefits 35 Nonqualified Deferred Compensation 35 EMPLOYMENT ARRANGEMENTS 35 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE OF CONTROL 36 DIRECTOR COMPENSATION 38 DIRECTOR COMPENSATION POLICY 39 DIRECTOR STOCK OWNERSHIP POLICY 39 EQUITY COMPENSATION PLAN INFORMATION 39 PAY VERSUS PERFORMANCE 40

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 43 DELINQUENT SECTION 16(A) REPORTS 45 AUDIT AND RISK COMMITTEE REPORT 45 PRINCIPAL ACCOUNTANT FEES AND SERVICES 46 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 47 PROPOSAL 2: ADOPTION OF AMENDMENT TO CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK 48 PROPOSAL 3: APPROVAL OF AMENDMENT TO CADIZ INC. EQUITY INCENTIVE PLAN PROPOSAL 4: APPROVAL OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM PROPOSAL 5: ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS 51 64 65 OTHER MATTERS 66 STOCKHOLDER PROPOSALS 66 ADDITIONAL INFORMATION 66 550 S. Hope Street, Suite 2850 Los Angeles, California 90071 PROXY STATEMENT For ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 11, 2024 INFORMATION ABOUT SOLICITATION AND VOTING The Board of Directors of Cadiz Inc. ("the Company") is soliciting proxies to be voted at the annual meeting of our stockholders to be held at 10:00 am Pacific Time on Tuesday, June 11, 2024 (the "2024 Annual Meeting") for the purposes set forth in the accompanying Notice of Annual Meeting of Stockholders. The 2024 Annual Meeting will be conducted this year as a virtual meeting and will be accessible to stockholders of record via the Internet at the following website: https://www.cstproxy.com/cadiz/2024. This proxy statement contains information that may help you decide how to vote. In accordance with the rules of the Securities and Exchange Commission ("SEC"), instead of mailing a printed copy of our proxy materials to each stockholder of record, we are furnishing proxy materials, including the notice, our proxy statement, our Annual Report on Form 10-K for the year ended December 31, 2023 (the "2023 Annual Report"), including financial statements, and a proxy card for the meeting, by providing access to them on the internet to save printing costs and benefit the environment. These materials will first be

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