Maui Land & Pineapple Enters Material Agreement

TL;DR

MLP signed a big deal on Dec 3rd, details TBD.

AI Summary

Maui Land & Pineapple Co., Inc. (MLP) entered into a material definitive agreement on December 3, 2025. The filing does not disclose the specific details of this agreement, only that it is a significant event requiring an 8-K filing.

Why It Matters

This filing indicates a significant development for Maui Land & Pineapple Co., Inc., potentially impacting its business operations, financial standing, or strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the material definitive agreement.

Key Numbers

• 001-06510 — Commission File Number (Identifier for the company's SEC filings)
• 99-0107542 — IRS Employer Identification Number (Tax identification number for the company)

Key Players & Entities

• MAUI LAND & PINEAPPLE CO INC (company) — Registrant
• December 3, 2025 (date) — Date of earliest event reported
• MLP (company) — Trading Symbol
• New York Stock Exchange (company) — Exchange where Common Stock is registered

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common Stock , $0.0001 par value MLP New York Stock Exchan
• $10,000,000 — The purchase price for the Property is $10,000,000. Terms of the Purchase Agreement includ
• $300,000 — chase Agreement, the Buyer will deposit $300,000 to escrow. If Buyer elects to exercise
• $50,000 — yer will deposit additional deposits of $50,000 to escrow for each extension. If the tr

Filing Documents

• mlp20251204_8k.htm (8-K) — 25KB
• 0001437749-25-037265.txt ( ) — 156KB
• mlp-20251203.xsd (EX-101.SCH) — 3KB
• mlp-20251203_def.xml (EX-101.DEF) — 12KB
• mlp-20251203_lab.xml (EX-101.LAB) — 15KB
• mlp-20251203_pre.xml (EX-101.PRE) — 12KB
• mlp20251204_8k_htm.xml (XML) — 3KB

01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On December 3, 2025, Maui Land & Pineapple Company, Inc., a Delaware corporation ("Company"), entered into a Purchase and Sale Agreement and Escrow Instructions ("Purchase Agreement") with Harvest at Kumulani Chapel, a Hawaii nonprofit corporation ("Buyer"), pursuant to which the Company agrees to sell to Buyer and Buyer agrees to purchase from the Company a 6.5-acre portion of land ("Property"), located in Kapalua, Lahaina, Hawaii. "Harvest at Kumulani Chapel exemplifies the Kapalua Resort, a place where the local community and visitors feel welcome to gather amid incredible natural beauty," said Race Randle, CEO of Maui Land & Pineapple Company. "As the West Maui community continues to stabilize, it's been our pleasure to work with Harvest on a permanent campus that will provide spiritual stability for generations to come." Summary of the terms of the Purchase Agreement The Property is currently the site of five existing buildings totaling approximately 12,000 square feet. The Buyer currently leases the Property, including the buildings, under an unrecorded Ground Lease dated April 1, 2024, which lease will terminate upon consummating and final closing of the purchase under the Purchase Agreement. The purchase price for the Property is $10,000,000. Terms of the Purchase Agreement include a 90-day due diligence period, during which Buyer shall accept or terminate the Purchase Agreement, and a 730-day entitlement period requiring the Buyer to pursue all government approvals required for their permitted uses and improvements to the Property. Three extensions of 60 days each may extend the entitlement period, and prior to the expiration of the entitlement period, the Buyer will deliver in writing a notice to proceed with the transaction or a notice to terminate the Purchase Agreement. If a notice to proceed is issued, closing of the transaction will occur within 30 days of receipt of the notice to proceed. If

View Full Filing

View this 8-K filing on SEC EDGAR