Cadiz Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $338.3M
- Price
- $4.07
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.25%
- Volume
- 332.6K
Quote data as of 6:09 AM ET
About
Cadiz Inc., together with its subsidiaries, operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County. It is also involved in the cultivation of lemons, and spring and fall plantings of vegetables and grains. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California.
Quick stats
Shares outstanding83.1M
Computed float50.2M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
Key info
SectorUtilities
IndustryRegulated Water
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000727273
Websitehttps://www.cadizinc.com
AI Summary
AI-generated4d agomajorbullishpartnershipCentral Arizona Irrigation and Drainage District Secures Up to 10,000 Acre-Feet Per Year of New Water Supply from Mojave Groundwater Bank
Cadiz signed a Memorandum of Understanding with the Central Arizona Irrigation and Drainage District to supply up to 10,000 acre-feet of water annually from its Mojave Groundwater Bank.
The agreement spans an initial 50-year term with a base volumetric charge of $850 per acre-foot, contingent on executing definitive offtake and exchange agreements and constructing necessary pipeline facilities.
This deal represents the first interstate water supply agreement for the Mojave Groundwater Bank, advancing collaboration with the U.S. Bureau of Reclamation to integrate non-Colorado River water into the Lower Basin.
Red flags
- Agreement is currently an MOU; definitive offtake agreement and pipeline construction required
- Infrastructure funding depends on pursuing federal and state resources