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Cadiz Inc (CDZI.O)

CDZI.O on Consolidated Issue listed on NASDAQ Global Market

13.57USD
13 Dec 2017
Change (% chg)

$-0.08 (-0.55%)
Prev Close
$13.65
Open
$13.65
Day's High
$13.70
Day's Low
$13.50
Volume
36,179
Avg. Vol
139,197
52-wk High
$16.25
52-wk Low
$9.65

Latest Key Developments (Source: Significant Developments)

Cadiz Inc enters into a $60 million credit agreement
Tuesday, 2 May 2017 09:02am EDT 

May 2 (Reuters) - Cadiz Inc : :Cadiz Inc- on May 1 co, unit entered into a $60 million credit agreement .  Full Article

Cadiz Inc announces strategic transaction with Apollo
Tuesday, 2 May 2017 09:00am EDT 

May 2 (Reuters) - Cadiz Inc : :Cadiz Inc announces strategic transaction with Apollo to finance cadiz water project construction.Cadiz - funds managed by Apollo affiliates, co executed agreements to replace, refinance co's senior secured mortgage debt, provide $15 million new senior debt.Cadiz Inc - Apollo funds also executed conditional commitment letter to fund up to $240m in construction finance expenditures for Cadiz Water Project.Cadiz Inc - apollo funds entered into an agreement to provide $60m of capital to refinance Cadiz's $45m senior secured mortgage debt.  Full Article

Cadiz Inc announces pricing of public offering
Thursday, 1 Dec 2016 08:00am EST 

Cadiz Inc : Cadiz Inc announces pricing of public offering of common stock .Announced pricing of underwritten public offering of 1 million shares of its common stock at a price to public of $9.75 per share.  Full Article

Cadiz says fifth amendment to amended and restated credit agreement
Thursday, 1 Dec 2016 06:11am EST 

Cadiz Inc : Cadiz says fifth amendment to amended and restated credit agreement .Cadiz effective Nov 30, entered into fifth amendment for extending maturity date of credit agreement from Sept 28, 2017 to Sept 28, 2019.  Full Article

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

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California lawmakers block Mojave water bill, Cadiz surges

SAN FRANCISCO Shares of water resource developer Cadiz Inc surged 32 percent in extended trade on Friday after a bill aimed at clogging up its plan to pump water from California's Mojave Desert failed to make it past a state Senate committee.