United States

Cadiz Inc (CDZI.O)

CDZI.O on Consolidated Issue listed on NASDAQ Global Market

27 Sep 2016
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$0.07 (+1.00%)
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Latest Key Developments (Source: Significant Developments)

Cadiz, Inc announces Convertible Note Financing
Tuesday, 26 Apr 2016 02:00pm EDT 

Cadiz, Inc:Says has entered into convertible note purchase agreements with new and existing investors in private placement offering pursuant to which the Company will issue $10 million in aggregate principal and accrued interest of its March 2020 convertible notes.Funding by the Investors is expected to occur upon closing of the offering, currently scheduled for April 28, 2016.net proceeds from the issuance of the Notes, expected to be about $8 mln before fees and expenses, will be used for general working capital purposes.  Full Article

Cadiz Inc lowers FY 2015 earning guidance
Wednesday, 9 Sep 2015 08:00am EDT 

Cadiz Inc:Expects to earn about $5.8 million to $6.3 million in operating income for FY 2015 compared to previous guidance of $7.6 million to $8.1 million.Expects FY 2015 income before tax is expected to be about $7.3 million to $7.8 million compared to previous guidance of $8.8 million to $9.3 million.Expects FY 2015 earnings per diluted share to be in the range of $0.28 to $0.32 compared to previous guidance of $0.36 to $0.40.  Full Article

Cadiz Inc enters strategic groundwater storage development agreement with Semitropic Water Bank
Wednesday, 17 Jun 2015 09:00am EDT 

Cadiz Inc:Says that it has executed a strategic development agreement with Semitropic Water Storage District, the manager of one of the largest groundwater banking operations in the world.Master Agreement sets forth principals for collaboration towards strategic opportunities to operate each party's respective groundwater storage programs for mutual benefit either though exchanges or transfers of water supplies.Through the strategic relationship, the parties will strive to identify opportunities to meet delivery or storage demands of each other's members and participating partners.  Full Article

Cadiz Inc conducts public offering of common stock
Monday, 10 Nov 2014 08:30am EST 

Cadiz Inc:Says a registered offering of up to 1,638,869 shares of its common stock at a purchase price of $10.1751 per share.The Offering includes 1,200,000 shares of common stock being sold pursuant to a Securities Purchase Agreement dated Nov. 7 to Water Asset Management, LLC (WAM), a water industry focused investment fund a existing shareholder.Up to 100,000 shares to be offered to one or more additional investors on the same terms.Up to 338,869 shares to be offered to certain holders of the company's convertible debt securities, also on the same terms pursuant to existing lender participation rights provided for these securities.The proceeds to the company from the offering are expected to be about $12,140,120, or up to a maximum of $16,605,656 if all of the additional 438,869 shares offered are subscribed.The offering is expected to close on Nov. 12.  Full Article

BRIEF-Consolidated Tomoka announces an additional 1,686 acre land contract

* Consolidated tomoka announces an additional 1,686 acre land contract with Minto communities, for an age restricted master planned community in Daytona Beach, Florida Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)