Cadiz Inc (OQ:CDZI)
Business Focus: Water Supply & Irrigation Systems
Mar 22, 2024 08:45 am ET
Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred Stock
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").
Feb 21, 2024 07:30 am ET
Cadiz, Inc. and Heerema IGS Announce Financing Agreement to Drive Growth
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.
Feb 01, 2024 07:00 am ET
City of Adelanto to Join Mojave Basin "One Water" Plan
Adelanto joins Fenner Gap and Victor Valley water agencies in regional planning, infrastructure investment strategy to improve reliability and quality of local water supplies.
Jan 26, 2024 08:47 am ET
Fenner Gap and Victor Valley Water Agencies Launch "One Water" Plan
One Water plan will integrate High Desert infrastructure investments to improve water quality and increase reliability of local water supplies.
Dec 22, 2023 08:48 am ET
Cadiz Inc. Declares Quarterly Dividend for Q4 2023 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Dec. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI, NASDAQ: CDZIP) (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 $560.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (Nasdaq: CDZIP), will receive a cash dividend equal to approximately $0.56 per depositary share.The
Dec 18, 2023 08:13 pm ET
/C O R R E C T I O N -- Cadiz, Inc./
In the news release, BLM Approves MLA Right-of-Way Grant to Cadiz for Northern Pipeline, issued 15-Dec-2023 by Cadiz, Inc. over PR Newswire, the coding for the company's stock ticker (NASDAQ: CDZI) was incorrectly omitted by PR Newswire when transmitted. The full release with ticker coding follows:
Dec 07, 2023 08:30 am ET
Cadiz to Expand Executive Team in 2024
Executive Chair, Susan Kennedy, to Step into Full-time Role as CEO, Water-law Expert Scott Slater to continue Serving as Senior Advisor, and the Company to Create Two New Executive Positions as Project Development Ramps Up
Nov 13, 2023 08:35 am ET
Cadiz Marks One Year Anniversary of ATEC Acquisition
ATEC Water Systems Revenues Expected to top $12 Million in FY 2024
Nov 02, 2023 11:05 am ET
Cadiz Signs Agreement with San Bernardino County and Water Project Agencies to Reserve Water Supply for Desert Communities
CADIZ, Ca., Nov. 2, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) announced today that the Company entered into a binding agreement with San Bernardino County, Santa Margarita Water District ("SMWD") and Fenner Gap Mutual Water Company to provide priority rights to water supply from the Cadiz Water Conservation and Storage Project ("Cadiz Project") to public water systems serving San Bernardino County communities.
Oct 24, 2023 12:38 pm ET
Cadiz Signs Agreement with El Paso Natural Gas for Long-Term Power Supply
Tapping gas pipeline infrastructure allows Cadiz to replace diesel engines, improve reliability and cut carbon emissions with solar-hybrid microgrids.
Sep 22, 2023 09:15 am ET
Cadiz, Inc. Declares Quarterly Dividend for Q3 2023 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Sept. 22, 2023 /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").
Sep 21, 2023 11:45 am ET
Cadiz to Participate in Goldman Sachs Global Sustainability Forum
LOS ANGELES, Sept. 21, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) a leading water solutions provider announced today that Susan Kennedy, Executive Chair of the Company's Board of Directors will participate in the 2023 Goldman Sachs Global Sustainability Forum on Wednesday, Sept. 27 for a panel discussion titled "Challenges and Investment Opportunities in Reliable Clean Water" scheduled for 1:45 PM Eastern Time.
Jun 23, 2023 09:10 am ET
CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q2 2023 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK
LOS ANGELES, June 23, 2023 /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").
Jun 13, 2023 09:03 am ET
Cadiz Partners with Scale Microgrids to Develop Clean Energy Microgrids for Water Supply, Pipeline Project
Solar-hybrid microgrids can provide 100% uptime reliability, reduce energy costs by 30% and cut carbon emissions by 75%.
Apr 27, 2023 12:59 pm ET
New Cadiz Clean Water Solutions Video Produced by Tandem Stills + Motion
LOS ANGELES, April 27, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company"), a leading provider of clean water solutions, announced today the release of a new short film produced by award-winning visual media company Tandem Stills + Motion focused on the unique and spectacular water resources of the Cadiz Ranch in California's eastern Mojave Desert. Tandem's breathtaking photography and documentary-style films capturing inspirational stories about our planet have won numerous awards for work in the broadcast television, giant-screen film and digital streaming marke
Apr 14, 2023 11:00 am ET
Cadiz Nominates Maria Jelescu Dreyfus to its Board of Directors
LOS ANGELES, April 14, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company"), a leading provider of clean water solutions, announced today the nomination of Maria Jelescu Dreyfus to its Board of Directors. Jelescu brings more than 20 years of strategy and financial experience including 15 years at Goldman Sachs and as the founder/CEO of Ardinall Investment Management, an independent investment firm focused on emerging megatrends in the clean energy transition.
Apr 06, 2023 10:15 am ET
Cadiz Announces Completion of Wellfield Expansion to 36,000 Acre-feet per Year
Salton Sea Authority Also Approves Contract for 5,000 Acre-feet of Cadiz Water Supply
Mar 24, 2023 09:00 am ET
CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q1 2023 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK
LOS ANGELES, March 24, 2023 /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").
Feb 02, 2023 01:57 pm ET
TECHNICAL REVIEW PANEL BEGINS WORK ON CADIZ WATER PROJECT
Panel of independent scientists established to set baseline aquifer and watershed conditions in preparation for monitoring of project operations
Jan 31, 2023 06:55 am ET
CADIZ INC. ANNOUNCES $40 MILLION REGISTERED DIRECT OFFERING BACKED BY LARGEST SHAREHOLDERS
Heerema IGS and Odey Asset Management lead investment in Cadiz to accelerate development of clean, affordable water supply, reduce Company debt
Jan 10, 2023 08:00 am ET
Historic Partnership on Water, Jobs and Economic Development for Desert Tribal, Farmworker Communities
THERMAL, Calif. and TEHACHAPI, Calif. and CADIZ, Calif., Jan. 10, 2023 /PRNewswire/ -- A federally-recognized Native American tribe and an organization founded by Farmworker Leader Cesar Chavez today announced a historic agreement to form a joint venture with a private land owner that will generate water, jobs and economic development in tribal and farmworker communities in California. This collaboration is the first known strategic business partnership between a Native American tribe and farmworkers in the U.S.
Dec 23, 2022 08:00 am ET
CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q4 2022 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK
LOS ANGELES, Dec. 23, 2022 /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").
Nov 10, 2022 08:00 am ET
CADIZ INC. ANNOUNCES $10 MILLION DIRECT PLACEMENT LED BY LARGEST INVESTORS
Heerema International Group Services Leads Investment
Oct 25, 2022 12:44 pm ET
CADIZ INC. ANNOUNCES AGREEMENT TO ACQUIRE WATER TREATMENT TECHNOLOGY COMPANY ATEC SYSTEMS
Acquisition of pioneering water tech firm accelerates Cadiz's growth as a leading-edge water solutions provider, and furthers its commitment to improving reliable access to clean and affordable water in California communities
Sep 23, 2022 09:00 am ET
CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q3 2022 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK
LOS ANGELES, Sept. 23, 2022 /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").
Sep 21, 2022 10:14 am ET
CADIZ INC. ANNOUNCES WELLFIELD EXPANSION AND COMPLETION OF PIPELINE CONVERSION STUDY
Construction of three new wells at Cadiz property slated to begin Q4 2022, increasing wellfield capacity to 36,000 acre-feet
Sep 15, 2022 05:33 pm ET
FIELD AND CADIZ INC. ANNOUNCE AGREEMENT TO CREATE STATE-OF-THE-ART TECHNOLOGY INNOVATION CENTER AND CAREER-TECH TRAINING FOCUSED ON CLEAN WATER
Agreement between Farmworkers Institute of Education & Leadership Development (FIELD) and Cadiz will bolster FIELD's workforce development programs and train students in sustainable water management amid worsening climate change while advancing FIELD's mission of fostering prosperity in California's underserved communities.
Sep 14, 2022 04:44 pm ET
CADIZ INC. ISSUES STATEMENT ON FEDERAL COURT RULING IN CASES CHALLENGING CONVERSION OF FORMER OIL & GAS PIPELINE TO TRANSPORT WATER
LOS ANGELES, Sept. 14, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") announced today that on September 13, 2022, the U.S. District Court for the Central District of California affirmed its tentative ruling in two cases filed against the US Department of the Interior ("Interior") and US Bureau of Land Management ("BLM") by the Center for Biological Diversity and National Parks Conservation Association ("plaintiffs") challenging the adequacy of the federal review of the two rights-of-ways issued to the Company in 2020 authorizing the conversion of the natural ga
Aug 04, 2022 02:44 pm ET
CADIZ INC. ANNOUNCES AN AGREEMENT TO PROVIDE WATER TO THE SALTON SEA AUTHORITY AND TORRES MARTINEZ DESERT CAHUILLA INDIANS
Public-private partnership will dedicate 5,000 acre-feet of water per year for 50 years to the Salton Sea Authority and Torres Martinez Tribe and provide up to $5 million in financing for water-pipeline infrastructure and water quality treatment technologies on tribal lands around the Salton Sea.LOS ANGELES, Aug. 4, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") announced today that the Company agreed to dedicate 5,000 acre-feet of water per year to the Salton Sea Authority and Torres Martinez Desert Cahuilla Indians ("Torres Martinez Tribe"), and that the Comp
Jun 21, 2022 12:57 pm ET
Cadiz Declares Quarterly Dividend for Q2 2022 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, June 21, 2022 /PRNewswire/ -- Cadiz Inc. ("the Company", NASDAQ: CDZI/CDZIP), a California business dedicated to sustainable water and agricultural projects, 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").
May 23, 2022 04:34 pm ET
Cadiz Inc. to Present at B. Riley Securities 22nd Annual Institutional Investor Conference
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. Cadiz President and CEO Scott Slater and Executive Chair Susan Kennedy will present a corporate overview at a fireside chat on Thursday, May 26, 2022, at 8:10 A.M. PT. Slater and Kennedy will also host one-on-one meetings with investors throug
Apr 14, 2022 03:55 pm ET
Cadiz Inc. Launches Bilingual Spanish-English Corporate Website
LOS ANGELES, April 14, 2022 /PRNewswire/ -- Today, Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") is pleased to announce that its corporate website is now bilingual, with content available in both English and Spanish. In addition to the Company's existing website address www.cadizinc.com, the Company has added www.cadizinc-es.com and www.missionaguacadiz.com to help browsers locate Spanish-language content.
Mar 29, 2022 12:07 pm ET
Cadiz Board of Directors Establishes New Equity, Sustainability and Environmental Justice Committee
LOS ANGELES, March 29, 2022 /PRNewswire/ -- Today, Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company"), is pleased to announce that the Company's Board of Directors has formed a new Equity, Sustainability, and Environmental Justice Committee ("ESEJ Committee"), effective immediately. The ESEJ Committee will focus on elevating the Company's mission dedicated to delivering water supply, storage, and conveyance opportunities equitably, especially to underserved communities, and ensuring Cadiz's projects, programs, and policies are sustainable and support communities that lack equitable a
Mar 25, 2022 09:05 am ET
Cadiz Declares Quarterly Dividend for Q1 2022 on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, March 25, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or 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").
Mar 21, 2022 09:00 am ET
Cadiz Announces New $12 Million Equity Investment from Registered Direct Offering of Common Stock
Heerema International Group Services SA leading offering with $5 million investment
Feb 08, 2022 08:00 am ET
SUSAN KENNEDY APPOINTED EXECUTIVE CHAIR OF CADIZ INC.
LOS ANGELES, Feb. 8, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") today announced that its Board of Directors has appointed Susan Kennedy to serve as executive Chair of the Company. Kennedy steps into the role Cadiz founder Keith Brackpool has held since 2001. Brackpool will remain on the Board as a non-executive director.
Dec 29, 2021 07:30 am ET
Cadiz Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Dec. 29, 2021 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or 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").
Dec 06, 2021 08:47 am ET
Cadiz Reports New Form 13D Filing by Heerema
LOS ANGELES, Dec. 6, 2021 /PRNewswire/ --Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") reported a new Schedule 13D was filed today with the Securities and Exchange Commission by Heerema International Group Services S.A., a leading international offshore energy and sustainable solutions company ("Heerema IGS") disclosing its current holdings of approximately 35% of the Company's common stock. Heerema IGS indicated in its filing that it intends to remain a passive investor in the Company.
Dec 03, 2021 01:44 pm ET
Cadiz Inc. Issues Statement in Response to News that California Water Districts Will Receive 0% of Supplies Contracted from the State
LOS ANGELES, Dec. 3, 2021 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", the "Company") CEO Scott Slater released the following statement in response to the California Department of Water Resources' announcement that it will allocate zero water to its 29 contract water districts next year.
Nov 15, 2021 01:30 pm ET
Cadiz Releases Q3 Shareholder Newsletter
LOS ANGELES, Nov. 15, 2021 /PRNewswire/ -- Today, Cadiz Inc. ("the Company," NASDAQ: CDZI) posted to its website a new 3rd quarter 2021 issue of CDZI Magazine, the Company's quarterly newsletter.
Sep 27, 2021 09:00 am ET
Cadiz Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, Sept. 27, 2021 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company") today announced its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").
Sep 15, 2021 09:00 am ET
Cadiz Inc. Issues Outlook on New California Water Year
LOS ANGELES, Sept. 15, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company," NASDAQ: CDZI) released its outlook on the new California water year, which begins October 1, 2022, as systemic water shortage in California intensifies.
Sep 13, 2021 10:21 am ET
Cadiz Inc. Issues Statement on Recent Stock Volatility
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:
Jul 07, 2021 10:00 am ET
Cadiz Completes $107.5M Refinancing Package
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.
Jul 01, 2021 09:00 am ET
Cadiz Completes Acquisition of 220-Mile Pipeline Asset
LOS ANGELES, July 1, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company," NASDAQ: CDZI) is pleased to announce today that it completed the acquisition of an existing 220-mile pipeline, the Cadiz "Northern Pipeline," making final payment of $19 Million to El Paso Natural Gas ("EPNG"). As California continues to address supply inequalities, infrastructure challenges and intensifying drought, the Northern Pipeline can provide new water conveyance access and supplement California's water infrastructure along an underserved, growing east-west route with additional regulatory approvals.
Jun 30, 2021 08:00 am ET
Cadiz Inc. Prices $50 Million Offering of Depositary Shares
LOS ANGELES, June 30, 2021 /PRNewswire/ -- Cadiz Inc. ("Cadiz", the "Company" or "we") (NASDAQ: CDZI) today announced the pricing of its underwritten registered public offering of 2,000,000 depositary shares at an initial public offering price of $25.00 per depositary share, raising gross proceeds of $50 million before deducting underwriting discounts and other estimated offering expenses. The offering is expected to close on or about July 2, 2021, subject to customary closing conditions.
Jun 28, 2021 04:51 pm ET
Cadiz Inc. Announces Offering of Depositary Shares and Series A Cumulative Perpetual Preferred Stock
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 opt
Mar 23, 2021 07:32 pm ET
Cadiz Inc. Issues Statement on New Lawsuits from Opponents of Water Access Targeting Company’s Repurposing of Idle Oil & Gas Pipeline
Cadiz Inc. (“the Company”, NASDAQ:CDZI), a California business dedicated to sustainable water and agricultural projects, reported that two lawsuits were filed today in federal court by longtime litigants of its Cadiz Water Project, including the...
Mar 23, 2021 09:00 am ET
Cadiz CEO Issues Call to Action on California Water Supply Crisis
Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”), a California business dedicated to sustainable water and agricultural projects, issued a statement from Company CEO Scott Slater on the heels of World Water Day as California faces another...
Dec 31, 2020 11:14 am ET
Cadiz Inc. Fourth Quarter 2020 Shareholder Newsletter and 2021 Outlook
LOS ANGELES, Dec. 31, 2020 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) ("Cadiz", the "Company") posted to its website a new issue of CDZI Magazine, the Company's quarterly newsletter. The latest edition includes a summary of company news and events from the fourth quarter of 2020, commentary from Cadiz CEO Scott Slater, and content and images highlighting current progress for our agriculture and water projects as well as the outlook for 2021.
Oct 28, 2020 03:57 pm ET
Cadiz Water Project Recognized as Top Green Infrastructure Project at the North American Infrastructure Leadership Forum
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to deliver new water supplies and groundwater storage for Southern California, was recognized today by global infrastructure strategy organization CG/LA as the Sustainability/Green
Oct 21, 2020 04:32 pm ET
Cadiz Inc. Joins Sixth Annual "Imagine a Day Without Water" Campaign to Raise Water Awareness
LOS ANGELES, Oct. 21, 2020 /PRNewswire/ -- Today, Cadiz Inc. (NASDAQ: CDZI) joins elected officials, water utilities, community leaders, educators and businesses from across the country as part of the sixth annual Imagine a Day Without Water, a nationwide day of education and advocacy focused on the value of water. Led by the US Water Alliance's Value of Water Campaign, over one thousand organizations will raise awareness today about the crucial need for investment in our nation's water systems and the importance of water in our daily lives.
Oct 01, 2020 09:00 am ET
Cadiz Inc. Presents The Groundwater Banking Solution for California
Today, Cadiz Inc. (NASDAQ: CDZI) posted on its website a new white paper discussing the opportunity for groundwater storage in California. An excerpt is reprinted below and a full copy of the paper is available at
May 21, 2020 12:54 pm ET
Cadiz Inc. Expands Management Team to Support Burgeoning Operations
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) announced today that it has expanded its management team, adding a Director of Development role to support the active development of the Company’s Cadiz Valley properties for agriculture and...
Mar 09, 2020 09:00 am ET
Cadiz Inc. Completes Agreements to Exchange Outstanding Convertible Notes Due March 2020 for Preferred Stock and Extend Maturity Date of Senior Secured Debt to May 2022
As of result of these agreements and following these transactions, the Company has eliminated all convertible debt, which was approximately $74 million at the end of Q3 2019, reduced its overall debt burden by more than one-half, improved its working capital position and obtained the ability to address its Senior Debt over the next two years.
Feb 10, 2020 09:00 am ET
Cadiz Receives Reaffirmation from US BLM that the Cadiz Water Project Furthers a Railroad Purpose
Today, Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) reported that on February 7, 2020 it received from the U.S. Bureau of Land Management (“BLM”) reaffirmation that the Cadiz Water Project’s proposed use of the Arizona & California Railroad’s (“ARZC”) right-of-way for its conveyance pipeline and related railroad improvements furthered a railr
Feb 03, 2020 09:45 am ET
Cadiz Inc.’s First Commercial Hemp Crop Set for March Planting at its Mojave Desert Farm
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) announced today that its joint venture (“JV”) subsidiary with
Jan 07, 2020 03:39 pm ET
Cadiz Releases Quarterly Shareholder Newsletter
Today Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) posted to its website a new issue of CDZI Magazine, the Company’s quarterly newsletter. The latest edition includes a summary of industry headlines and media coverage from the final quarter...
Oct 31, 2019 01:42 pm ET
Cadiz Subsidiary SoCal Hemp Completes Its First Harvest at Cadiz Valley Ranch
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that SoCal Hemp LLC, its joint venture subsidiary with Glass House Group, has completed its first harvest of industrial hemp at the Cadiz Valley Ranch in California’s Mojave...
Oct 21, 2019 01:13 pm ET
Cadiz Water Project Recognized as a Top 10 Infrastructure Project at the North American Infrastructure Forum
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Project, the Company’s public-private partnership with California water providers to make available new, sustainable water supplies and groundwater...
Oct 03, 2019 10:51 am ET
Cadiz to Present at B. Riley FBR Consumer & Media Conference
Cadiz Inc. (NASDAQ: CDZI) (“Cadiz”, the “Company”), a natural resources leader dedicated to pursuing sustainable projects, announced that Scott Slater, President & CEO, will present at the 5th Annual B. Riley FBR Annual Consumer & Media Conference...
Aug 30, 2019 03:01 pm ET
Environmental Impact Report Addendum for Cadiz Water Project Confirms Safety and Sustainability
Cadiz Inc. (NASDAQ: CDZI, the “Company”) announced today that the Fenner Valley Water Authority (“FVWA”) has adopted an Addendum to the Cadiz Water Project’s Final Environmental Impact Report (“FEIR”) that addresses updates to the Project proposal,...
Aug 01, 2019 08:30 am ET
Cadiz Inc.: First NASDAQ-Listed U.S. Company to Enter Joint Venture to Bring Hemp and Hemp-Derived Products to Market to Meet Growing B2B and B2C Market Demands
Cadiz Inc. (NASDAQ: CDZI), a natural resources leader dedicated to pursuing sustainable projects, announced it has entered into a joint venture (“JV”) partnership with Glass House Farms, a division of California Cannabis Enterprises (“CCE”), one of...
Jul 31, 2019 11:30 pm ET
Cadiz Inc. Statement on Signing of Senate Bill 307 by California Governor
Today, Cadiz Inc. (the “Company”) (NASDAQ: CDZI) announced that California Governor Gavin Newsom signed Senate Bill 307 (“SB 307”), a measure designed to require additional review of the Cadiz Water Project by state agencies. The legislation,...
Jul 12, 2019 09:19 am ET
Cadiz Inc. Statement on Passage of Senate Bill 307 by California State Assembly
Today, Cadiz Inc. (the “Company”) (NASDAQ: CDZI) announced that the California State Assembly considered and passed Senate Bill 307 (“SB 307”), a measure designed to require additional state review of the Cadiz Water Project. The legislation will...
Jul 11, 2019 04:11 pm ET
Cadiz Inc. Statement on Passage of Senate Bill 307 by California State Assembly
Today, the California State Assembly considered and passed Senate Bill 307 (“SB 307”), a measure designed to require additional state review of the Cadiz Water Project. The legislation will now move to Governor’s Office for consideration. Governor...
Jul 11, 2019 09:56 am ET
New Directors Elected to Cadiz Inc Board at Annual Meeting
Cadiz Inc. (“the Company”, NASDAQ:CDZI) is pleased to announce that eleven directors, including two new board members, were elected to the Company’s Board of Directors at the 2019 Annual Meeting of Shareholders held yesterday July 10, 2019. The two...
Jul 02, 2019 01:28 pm ET
Cadiz Inc. Announces New Hemp Crop Research at Cadiz Valley Ranch Agricultural Operation
Cadiz Inc. (NASDAQ: CDZI) (the “Company”) is pleased to announce it has begun an experimental commercial hemp research program at its agricultural property in Cadiz, California, in the Mojave Desert approximately 100 miles northeast of Palm...
Apr 17, 2019 09:00 am ET
Recent Analysis Shows City Office REIT, Cadiz, Coffee Holding Co., Alaska Communications Systems Group, Bluegreen Vacations, and UQM TECHNOLOGIES INC Market Influences — Renewed Outlook, Key Drivers o
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of City Office REIT, Inc. (NYSE:CIO), Cadiz, Inc. (NASDAQ:CDZI), Coffee Holding...
Apr 04, 2019 10:00 am ET
Cadiz Inc. Announces Nomination of Two New Independent Directors
Cadiz Inc. (NASDAQ: CDZI) (the “Company”) announced today that its Board of Directors has nominated two prominent Californians, Maria Echaveste and Carolyn Webb de Macías, to stand for election as directors at its upcoming 2019 Annual Meeting of...
Oct 25, 2018 09:00 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Gannett Co., Cadiz, CenturyLink, Crocs, NetApp, and WESCO International — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Gannett Co., Inc. (NYSE:GCI), Cadiz, Inc. (NASDAQ:CDZI), CenturyLink,...
Oct 05, 2018 03:04 pm ET
Fenner Valley Water Authority and Cadiz Inc. Establish $5 Million Fund for Water Quality Investments in Disadvantaged Communities
The Fenner Valley Water Authority (“FVWA”) today announced the creation of a $5 Million fund, the Southern California Clean Water Fund (“Clean Water Fund” or “SCCWF”), dedicated to aiding small water systems that are pursuing water quality...
Sep 04, 2018 09:24 am ET
California Senate Bill 120 Defeated
Cadiz Inc. [NASDAQ:CDZI] (“Cadiz”, the “Company”), announced today that on Friday, August 31, 2018, California Senate Bill 120 (Roth, D-Riverside) (“SB 120”) was held in the Senate’s Appropriations Committee by a vote of 7-0 just prior to the...
Sep 04, 2018 08:00 am ET
Investor Expectations to Drive Momentum within Conduent, Healthcare Trust of America, Cadiz, Enterprise Financial Services, DCP Midstream Partners, LP, and Energy Transfer Partners — Discovering Under
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Conduent Inc. (NYSE:CNDT), Healthcare Trust of America, Inc. (NYSE:HTA),...
May 25, 2018 08:00 am ET
Report: Exploring Fundamental Drivers Behind Hyster-Yale Materials Handling, United Financial, Cadiz, Spark Energy, First Citizens BancShares, and Costco Wholesale — New Horizons, Emerging Trends, and
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Hyster-Yale Materials Handling, Inc. (NYSE:HY), United Financial Bancorp,...
May 22, 2018 07:00 pm ET
Cadiz Inc. to Present at B. Riley FBR 19th Annual Investor Conference
Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”), a California renewable resources company focused on sustainable land, water and agricultural development, announced today that Scott Slater, the Company’s Chief Executive Officer, will make a...
May 02, 2018 09:00 am ET
Cadiz Inc. Board of Directors to Add Representatives From Water Asset Management
Today, Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) and Water Asset Management LLC (“WAM”) announced an agreement to add two new members to its Board of Directors designated by WAM, the Company’s largest equity shareholder. WAM has extensive...
Apr 03, 2018 07:35 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Cedar Fair, American Public Education, Cadiz, National Research, State Bank Financial, and Meta Financial Group — New Research Empha
NEW YORK, April 03, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cedar Fair, L.P. (NYSE:FUN), American Public...
Mar 22, 2018 04:14 pm ET
Water District Not Material to Cadiz Water Project Implementation Decides to Take No Action on a Letter of Intent
LOS ANGELES, March 22, 2018 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. [NASDAQ:CDZI] (“Cadiz”, the “Company”) issued the following statement regarding a vote by the Board of the Upper San Gabriel Municipal Water District (“Upper District”) to take no...
Mar 21, 2018 08:30 am ET
Leading California Business Associations Join Cadiz Water Project Support List
Groups join already broad base of support for the Cadiz Water Project that will safely deliver new water to Southern California while creating jobs and supporting the local economy
Feb 02, 2018 08:00 am ET
Investor Expectations to Drive Momentum within Connecticut Water Service, Datawatch, Cadiz, Celgene, Texas Instruments, and Newfield Exploration — Discovering Underlying Factors of Influence
NEW YORK, Feb. 02, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Connecticut Water Service, Inc. (NASDAQ:CTWS), Datawatch...
Jan 30, 2018 12:30 pm ET
Scientific Study Concludes Cadiz Water Project Will Not Harm Mojave Desert Spring
Study Supports Previous California Environmental Quality Act Determination That Project is Hydraulically Disconnected from Bonanza Spring
Sep 01, 2017 07:29 pm ET
Cadiz Inc. Issues Statement on Status of California’s Assembly Bill 1000
LOS ANGELES, Sept. 01, 2017 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) announced that the California State Senate set aside AB 1000 following a hearing of its Appropriations subcommittee. The Company issued the following statement:...
Apr 04, 2017 08:30 pm ET
Cadiz Inc. Issues Statement in Response to Remarks by California Senator Dianne Feinstein on the Cadiz Water Project
LOS ANGELES, April 04, 2017 (GLOBE NEWSWIRE) -- Today, Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) CEO Scott Slater released the following statement in response to a press release from California Senator Dianne Feinstein about the Cadiz Water Project and recent action by the U.S. Bureau of Land Management:...
Mar 13, 2017 03:00 pm ET
Cadiz Inc. to Present at 29th Annual ROTH Investor Conference
LOS ANGELES, March 13, 2017 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”), a California land and water resources development company, announced today that Scott Slater, the Company’s Chief Executive Officer, will present at the 29th Annual ROTH Investor Conference on Tuesday, March 14, 2017 at 4:00 pm PT. The Company will also conduct one-on-one meetings at the conference that day. ...
Dec 01, 2016 08:00 am ET
Cadiz Inc. Announces Pricing of Public Offering of Common Stock
LOS ANGELES, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz” or the “Company”) today announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at a price to the public of $9.75 per share. The gross proceeds from this offering are expected to be approximately $9.75 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The net proceeds from this offering, after deducting underwriting discounts and commissions, are anticipated to be approximately $9.26 million. The o...
Nov 30, 2016 05:16 pm ET
Cadiz Inc. Announces Proposed Public Offering of Common Stock
LOS ANGELES, Nov. 30, 2016 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz” or the “Company”) today announced that it intends to offer shares of its common stock in an underwritten public offering. All shares offered are to be sold by the Company. Cadiz also intends to grant the underwriter a 30-day option to purchase additional shares equal to up to 15% of the aggregate number of shares of common stock sold in the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the final size or terms ...
Sep 21, 2016 09:30 am ET
Cadiz Water Project Receives Support of the California Chamber of Commerce
LOS ANGELES, Sept. 21, 2016 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) is pleased to announce that the Cadiz Water Conservation, Recovery & Storage Project (“Cadiz Water Project”) has earned the support of the California Chamber of Commerce (“CalChamber”), the state’s largest business advocacy group. The Cadiz Water Project is a public-private partnership with local water providers to deliver a new, reliable water supply across Southern California....
Aug 17, 2016 05:40 pm ET
Cadiz Inc. Issues Statement on Apparent Bias in Bureau of Land Management’s Review of the Cadiz Water Project
LOS ANGELES, Aug. 17, 2016 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) reported today that the Wall Street Journal published an editorial on the content of email exchanges, previously disclosed by the Company on August 8, 2016, between the U.S. Bureau of Land Management (“BLM”) and third parties regarding BLM’s review of the Cadiz Water Project. The Company received the emails following a request for information from the BLM filed under the Freedom of Information Act....
Jul 12, 2016 03:43 pm ET
Sweeping Legal Victories for Cadiz Water Project Stand
NO REVIEW FORTHCOMING FROM CALIFORNIA STATE SUPREME COURT...
May 24, 2016 04:15 pm ET
Cadiz Inc. to Present at 17th Annual B. Riley & Co. Investor Conference
LOS ANGELES, May 24, 2016 (GLOBE NEWSWIRE) -- Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”), a California land and water resources development company, announced today that Timothy J. Shaheen, the Company’s Chief Financial Officer, will make a presentation at the 17th Annual B. Riley & Co. Investor Conference on Wednesday, May 25th at 3:00pm PT. The conference is being held May 25 & 26, 2016 at the Loews Hollywood Hotel in Hollywood, California....
May 10, 2016 12:49 pm ET
Cadiz Inc. Announces California Court of Appeals Upholds Water Project’s Environment Approvals
LOS ANGELES, May 10, 2016 (GLOBE NEWSWIRE) -- Today Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, the “Company”) is pleased to report that this morning the California Court of Appeals has issued a ruling affirming Orange County Superior Court’s six judgements validating the approvals for the Cadiz Valley Water Conservation, Recovery & Storage Project. ...
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