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UNITED STATES
Securities and Exchange Commission
Washington, D. C. 20549
___________________
FORM 8-K
_________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 4, 2022
__________________________
Cadiz Inc.
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(Exact Name of Registrant as Specified in its Charter)
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__________________________
Delaware
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0-12114
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77-0313235
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(State or Other Jurisdiction
of Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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550 S. Hope Street, Suite 2850
Los Angeles, CA
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90071
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (231) 271-1600
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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__________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange
on which registered
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Common Stock, par value $0.01 per share
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CDZI
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The NASDAQ Global Market
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Depositary Shares (each representing a 1/1000th fractional interest in share of 8.875% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share)
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CDZIP
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The NASDAQ Global Market
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On August 4, 2022, the Company issued a press release regarding the completion of the execution of a Letter of Intent agreement with the Coachella Valley Water District, the Salton Sea Authority, and Torres Martinez Desert Cahuilla Indians, a federally recognized Tribe of Cahuilla Indians (“Torres Martinez Tribe”), which provides for the reservation of an annual supply of 5,000 acre-feet of water from the Company’s Cadiz Water Conservation and Storage Project for the benefit of the Salton Sea and the Torres Martinez Tribe, as well as related commitments.
A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CADIZ INC.
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By:
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/s/ Stanley E. Speer
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Stanley E. Speer
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Chief Financial Officer
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Date: August 4, 2022