Limoneira Co. Enters Material Definitive Agreement
Ticker: LMNR · Form: 8-K · Filed: Dec 16, 2025 · CIK: 1342423
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: LMNR
TL;DR
Limoneira just signed a big deal with a new financial obligation. Watch this space.
AI Summary
On December 12, 2025, Limoneira Company entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered in Santa Paula, CA, filed this 8-K report with the SEC on December 16, 2025. Specific details of the agreement and the financial obligation are not provided in this excerpt.
Why It Matters
This filing indicates Limoneira Company has entered into a significant agreement that creates a financial obligation, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce financial risks and operational changes that warrant close monitoring.
Key Numbers
- 12/12/2025 — Date of Earliest Event Reported (Date Limoneira entered into the material definitive agreement.)
- 12/16/2025 — Filing Date (Date the 8-K report was filed with the SEC.)
Key Players & Entities
- Limoneira Company (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- Santa Paula, CA (location) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement Limoneira Company entered into?
The filing states that Limoneira Company entered into a material definitive agreement on December 12, 2025, but the specific details of this agreement are not provided in the excerpt.
What type of financial obligation was created by this agreement?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific terms and amount are not detailed in this excerpt.
When did Limoneira Company file this 8-K report?
Limoneira Company filed this 8-K report on December 16, 2025.
Where is Limoneira Company's principal executive office located?
Limoneira Company's principal executive office is located at 1141 Cummings Road, Santa Paula, CA 93060.
What is Limoneira Company's fiscal year end?
Limoneira Company's fiscal year end is October 31.
Filing Stats: 733 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-12-16 16:07:48
Key Financial Figures
- $0.01 — ch Registered Common Stock, par value $0.01 per share LMNR The NASDAQ Stock Mark
Filing Documents
- tm2533597d1_8k.htm (8-K) — 27KB
- tm2533597d1_ex10-1.htm (EX-10.1) — 44KB
- tm2533597d1_ex10-1img001.jpg (GRAPHIC) — 11KB
- 0001104659-25-121572.txt ( ) — 255KB
- lmnr-20251212.xsd (EX-101.SCH) — 3KB
- lmnr-20251212_lab.xml (EX-101.LAB) — 33KB
- lmnr-20251212_pre.xml (EX-101.PRE) — 22KB
- tm2533597d1_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On December 12, 2025, Limoneira Company, a Delaware corporation (the " Company "), entered into the Modification (the " Modification ") to the Master Loan Agreement (the " MLA "), dated June 26, 2025, between the Company and AgWest Farm Credit, PCA. The Modification makes the following amendments to the MLA: (i) Section 8.1.1 (Minimum Debt Service Coverage Ratio) is amended to provide that the Company will maintain a Minimum Debt Service Coverage Ratio of 1.25 to 1.00 for the fiscal year ending October 31, 2027 and any fiscal year ending thereafter; (ii) Section 8.1.2 (Total Net Leverage Ratio) is amended to provide that the Company's Total Net Leverage Ratio as of the end of any measurement period ending as of the end of any fiscal quarter of the Company be no more than 4.50 to 1.00 for the fiscal quarter ending October 31, 2027 and for any fiscal quarter ending thereafter (previously, the MLA required the Company to maintain a Total Net Leverage Ratios of not more than (A) 6.00 to 1.00 for the fiscal quarter ending July 31, 2026, (B) 5.00 to 1.00, for the fiscal quarter ending October 31, 2026, and (C) 4.50 to 1.00, for any fiscal quarter ending thereafter); and (iii) Section 8.1.3 (Debt to Capitalization Ratio) is added to the MLA and provides that the Company must maintain a Debt to Capitalization Ratio as of each Covenant Compliance Date (as defined in the MLA) of not greater than 0.45 to 1.00, to be measured quarterly starting January 31, 2026 and for any fiscal quarter thereafter until the last measurement on July 31, 2027. The foregoing description of the Modification does not purport to be complete and is qualified in its entirety by reference to the complete text of the Modification, which is attached hereto as Exhibit 10.1 and incorporated into this Item 1.01 by reference.
03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibits 10.1 Modification to Master Loan Agreement, dated December 12, 2025 by and between Limoneira Company and AgWest Farm Credit, PCA. 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 hereunto duly authorized. Dated: December 16, 2025 LIMONEIRA COMPANY By: /s/ Mark Palamountain Mark Palamountain Chief Financial Officer and Treasurer