Cadiz Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Los angeles , march 22, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi/cdzip) ("cadiz," the "company") today announced that its board of directors has declared the following cash dividend on cadiz's 8.875% series a cumulative perpetual preferred stock (the "series a preferred stock"). holders of series a preferred stock will receive a cash dividend equal to $550.00 per whole share.

$57 million credit agreement includes $20 million to support development and construction of water supply projects before the next drought. los angeles and geneva , march 6, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi / cdzip, the "company") announced today that it has completed a financing transaction that significantly strengthens its financial position and provides the company with liquidity to accelerate development of its water supply projects in southern california.

A veteran of the public finance industry, lloyd brings over thirty years of experience in capital markets, government and infrastructure finance, including leadership positions at kpmg and the california state treasurers office. los angeles , march 1, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi / cdzip, the "company") announced that barbara lloyd, a leading professional in the project finance industry with deep experience in public-private infrastructure financing in california, was appointed today to the company's board of directors.

Heerema to acquire $21.2 million senior secured loan and provide the company an additional $20 million to fund capital investments for revenue generation, operations and growth. los angeles and geneva , feb. 21, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi / cdzip, the "company") and heerema international group services bv ("heerema"), the company's largest shareholder, are pleased to announce a new financing agreement to support growth and capital investments in the company's water supply, pipeline, filtration and storage assets.

Adelanto joins fenner gap and victor valley water agencies in regional planning, infrastructure investment strategy to improve reliability and quality of local water supplies. los angeles , feb. 1, 2024 /prnewswire/ -- cadiz, inc. (nasdaq: cdzi / cdzip, the "company") announced today that the city of adelanto, california has signed a letter of intent with fenner gap mutual water company ("fenner gap") to join victor valley water agencies in developing an integrated water management and infrastructure investment plan for the mojave basin region.

LOS ANGELES , May 23, 2022 /PRNewswire/ -- Cadiz Inc. ("the Company", NASDAQ: CDZI/CDZIP), a California business dedicated to sustainable water and agricultural projects, is pleased to announce its participation this week at the B. Riley Securities 22nd Annual Institutional Conference, which is being held on May 25-26, 2022 in Beverly Hills, California.

Glass House: Glass Problems

No news was bad news for the water company.

LOS ANGELES, Sept. 13, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) released the following statement to address recent volatility in the trading of the Company's stock: The Company reports that there have been no new material developments nor pending announcements concerning its business operations contributing to market activity.

LOS ANGELES, July 7, 2021 /PRNewswire/ --  Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) is pleased to announce the closing of a new, long-term $50 million, 7% senior secured credit facility agented by B Riley Securities, Inc. (the "BRS Credit Facility"), successfully completing a $107.5 million financing package that has enabled the Company to reduce its total outstanding debt, lengthen debt maturity and provide capital resources for continued asset development activities. The net proceeds from the BRS Credit Facility, combined with the net proceeds from its recently closed underwritten registered public offering of $57.5 million of 8.875% Series A Cumulative Perpetual Preferred Stock  (the "Series A Preferred Stock"), represented by depositary shares which are expected to be begin trading on NASDAQ under the symbol "CDZIP" within 30 days, were utilized to repay in full the Company's senior secured term loan with Apollo Special Situations Fund, LP(the "Existing Credit Agreement"), fund a segregated dividend account and provide working capital.

LOS ANGELES, June 28, 2021 /PRNewswire/ -- Cadiz Inc. ("Cadiz", the "Company" or "we") (NASDAQ: CDZI) today announced it has commenced an underwritten registered public offering of 2,000,000 depositary shares, each representing a 1/1000th fractional interest in a share of the Company's Series A Cumulative Perpetual Preferred Stock, with a liquidation preference of $25.00 per depositary share, to raise anticipated gross proceeds of $50.0 million before deducting transaction expenses, subject to market and certain other conditions.  The Company expects to grant the underwriters a 30-day option to purchase additional depositary shares in connection with the offering.

Consolidating California Cannabis (Podcast Transcript)

Consolidating California Cannabis (Podcast)

LOS ANGELES, May 4, 2021 /PRNewswire/ -- Cadiz Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") released a new issue of CDZI Magazine, the Company's quarterly newsletter. The latest edition includes a summary of company news and events from the first quarter of 2021, commentary from Cadiz CEO Scott Slater, and content and images highlighting current progress of our agriculture and water projects.

LOS ANGELES, April 6, 2021 /PRNewswire/ -- Today, SoCal Hemp JV LLC ("SoCal Hemp") is pleased to announce that it has renewed its local partnership with Victorville, California's Victor Valley College ("VVC") to support student research into desert hemp farming, hemp product marketing and development. SoCal Hemp is a joint venture partnership between Cadiz Inc. (NASDAQ: CDZI), the largest agricultural operation in San Bernardino County, and Glass House Farms, one of California's most successful legal cannabis growers, dedicated to growing hemp in California's Mojave Desert and developing and marketing hemp-derived products nationwide.