Cadiz INC 8-K filings

Cadiz Inc. has entered into agreements for the engineering, procurement, and construction of its Northern Pipeline project, with a total guaranteed maximum price of approximately $273.8 million.

Cadiz Inc. has announced a Chief Financial Officer succession plan, with Jacinto J. Hernandez appointed as the new CFO and Stanley E. Speer retiring.

Cadiz Inc. announced it has received an effective Right-of-Way Grant from the U.S. Department of the Interior, Bureau of Land Management, allowing for the conversion of its Northern Pipeline to water conveyance.

Cadiz Inc. provided a comprehensive update to shareholders detailing progress on its Mojave Groundwater Bank project, ATEC Water Systems' expansion, and future development opportunities at Cadiz Ranch.

Cadiz Inc. announced the appointment of former Microsoft executive Dave O'Hara to its Board of Directors, effective February 3, 2026.

Cadiz Inc. announced a $51 million investment from Lytton Rancheria of California, marking the first tranche of financing for its Mojave Groundwater Bank project.

Cadiz Inc. announced a non-binding Memorandum of Understanding with the U.S. Bureau of Reclamation and other entities to study water augmentation opportunities for the Colorado River through its Mojave Groundwater Bank project.

Cadiz Inc. has signed a Memorandum of Understanding with EPCOR NR Holdings Inc. to jointly develop its Mojave Groundwater Bank project, targeting Arizona water supply.

Cadiz Inc. has signed a non-binding Memorandum of Understanding with Hoku Energy Limited to develop a large-scale clean energy and digital infrastructure project on over 10,000 acres of its Mojave Desert property, projecting $7 million to $10 million in annual lease and water sales revenue.

Cadiz Inc. announced that its stockholders re-elected all eight nominated directors, approved an amendment to its equity incentive plan, ratified PricewaterhouseCoopers LLP as independent auditors, and approved executive compensation on an advisory basis at its 2025 Annual Meeting.

Cadiz Inc. has entered into a placement agent agreement with Roth Capital Partners, LLC for a registered direct offering of 5,715,000 shares of common stock at $3.50 per share, expected to close around March 10, 2025.

Cadiz Inc. has announced a registered direct offering of 5,715,000 shares of common stock at $3.50 per share, expecting to raise approximately $20 million before expenses.

Cadiz Inc. has signed a Letter of Agreement with a lead investor for a potential $175 million investment in its Mojave Groundwater Bank project.

Cadiz Inc. has entered into a letter of intent with the Lytton Rancheria of California for a $50 million investment in its Mojave Groundwater Bank project, marking a significant step towards funding the project.

Cadiz Inc. has entered into an agreement to potentially acquire 180 miles of steel pipe from the terminated Keystone XL pipeline project for use in its Mojave Desert water infrastructure project.

Cadiz Inc. has successfully entered into a placement agent agreement with B. Riley Securities to sell 7 million shares of common stock at $3.34 per share, raising approximately $21.9 million in net proceeds.

Cadiz Inc. has announced a $23 million registered direct offering of common stock to fund the development of its water supply and groundwater banking project.

Cadiz Inc. has signed a letter of intent with a non-profit investment fund for a potential $150 million investment to support its Mojave Groundwater Bank project.

Cadiz and RIC Energy have partnered to develop a large-scale green hydrogen production facility at Cadiz Ranch, utilizing 100% solar power.

Cadiz Inc. has appointed Cathryn Rivera as Chief Operating Officer, effective September 16, 2024, to lead operations and scale water treatment technologies.

Cadiz Inc. has entered into a water supply agreement with Cucamonga Valley Water District for the delivery of 5,000 acre-feet of water per year from the Cadiz Water Conservation, Supply and Storage project.

Cadiz Inc. has increased its authorized common stock shares from 85 million to 100 million following approval at its 2024 annual meeting.

Cadiz Inc. has amended its employment agreement with CEO Susan P. Kennedy, increasing her base salary to $400,000 and introducing new performance-based stock awards.

Cadiz Inc. has entered into a water supply agreement with Solstra Communities to provide 1,275 acre-feet per year of water for the Solomon Hills development, generating an estimated $16 million in revenue over 15 years.

Cadiz Inc. issued 166,036 shares of common stock to three institutional lenders as a consent fee related to amendments to their credit and security agreements.

Cadiz Inc. has entered into a water supply agreement with Golden State Water Company for the delivery of 5,000 acre-feet of water annually from its water project.

Cadiz Inc. has finalized a $57 million financing agreement, including a $20 million loan, to fund the development of its water supply projects and extend debt maturities to 2027.

Cadiz Inc. has appointed Barbara Lloyd, a seasoned financial expert, to its Board of Directors, increasing the board size to nine members.

Cadiz Inc. has entered into agreements to supply 10,000 acre-feet of water annually through its Northern Pipeline to Fontana Water Company and Santa Margarita Water District.