Cadiz

Cadiz, Inc. is a land and water resource development company, which engages in the acquisition and development of land with water resources for various uses such as groundwater supply, groundwater storage, and agriculture. The firm’s project includes the Cadiz Valley Water Conservation, Recovery and Storage. The company was founded by Keith Brackpool in 1983 and is headquartered in Los Angeles, CA.

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Heerema IGS and Odey Asset Management lead investment in Cadiz to accelerate development of clean, affordable water supply, reduce Company debt LOS ANGELES , Jan. 31, 2023 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced that it has priced a registered direct offering ("Offering") of 10.5 million shares of common stock for total gross proceeds of $40.32 million. The Offering was led by the Company's largest equity shareholders, Heerema International Group Services SA ("Heerema IGS") and Odey Asset Management, with Heerema IGS maintaining beneficial ownership of approximately 35% of the Company's common stock.

CADIZ INC. ANNOUNCES $40 MILLION REGISTERED DIRECT OFFERING BACKED BY LARGEST SHAREHOLDERS

Historic Partnership on Water, Jobs and Economic Development for Desert Tribal, Farmworker Communities

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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"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.

CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q4 2022 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK

Heerema International Group Services Leads Investment LOS ANGELES , Nov. 10, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced that it has entered into a securities purchase agreement for a registered direct offering ("Offering") of 5 million shares of common stock for total proceeds of $10 million. The Company's largest equity shareholder Heerema International Group Services SA ("Heerema IGS"), a leading international offshore sustainable energy solutions company, anchored the Offering with an investment of $3.6 million.

CADIZ INC. ANNOUNCES $10 MILLION DIRECT PLACEMENT LED BY LARGEST INVESTORS

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 LOS ANGELES , Oct. 25, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz," the "Company") today announced a definitive agreement to acquire ATEC Systems, Inc., ("ATEC"), a leading provider of technologically-advanced, cost-effective groundwater filtration systems for community, municipal, agricultural and industrial use. We are proud to combine our expertise with ATEC in delivering innovative and affordable water solutions Adding the ATEC business to the Cadiz portfolio diversifies its range of innovative, sustainable clean water solutions and expands Cadiz' mission to provide safe, affordable drinking water to underserved communities.

CADIZ INC. ANNOUNCES AGREEMENT TO ACQUIRE WATER TREATMENT TECHNOLOGY COMPANY ATEC SYSTEMS

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").

CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q3 2022 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK

Construction of three new wells at Cadiz property slated to begin Q4 2022, increasing wellfield capacity to 36,000 acre-feet   LOS ANGELES , Sept. 21, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ: CDZI/CDZIP) ("Cadiz", the "Company") announced today that it will begin construction of three new groundwater wells at Cadiz Ranch in October and initial engineering study for the conversion of the Company's 220-mile oil and gas pipeline to transport water ("Northern Pipeline Project") has been completed.

CADIZ INC. ANNOUNCES WELLFIELD EXPANSION AND COMPLETION OF PIPELINE CONVERSION STUDY

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. TEHACHAPI, Calif.

FIELD AND CADIZ INC. ANNOUNCE AGREEMENT TO CREATE STATE-OF-THE-ART TECHNOLOGY INNOVATION CENTER AND CAREER-TECH TRAINING FOCUSED ON CLEAN 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 gas pipeline acquired from El Paso Natural Gas ("Northern Pipeline") to transport water over BLM-managed lands (approx.

CADIZ INC. ISSUES STATEMENT ON FEDERAL COURT RULING IN CASES CHALLENGING CONVERSION OF FORMER OIL & GAS PIPELINE TO TRANSPORT WATER

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 Company will provide up to $5 million to install pipeline infrastructure and well treatment technology on tribal lands.

CADIZ INC. ANNOUNCES AN AGREEMENT TO PROVIDE WATER TO THE SALTON SEA AUTHORITY AND TORRES MARTINEZ DESERT CAHUILLA INDIANS

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"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.

Cadiz Declares Quarterly Dividend for Q2 2022 on Series A Cumulative Perpetual Preferred Stock

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 Inc. to Present at B. Riley Securities 22nd Annual Institutional Investor Conference

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.

Cadiz Inc. Launches Bilingual Spanish-English Corporate Website

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 access to water and the many quality-of-life benefits reliable water provides.

Cadiz Board of Directors Establishes New Equity, Sustainability and Environmental Justice Committee

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"). Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share.

Cadiz Declares Quarterly Dividend for Q1 2022 on Series A Cumulative Perpetual Preferred Stock

Heerema International Group Services SA leading offering with $5 million investment Offering Priced at-the-Market LOS ANGELES, March 21, 2022 /PRNewswire/ -- Cadiz Inc. (Nasdaq: CDZI/CDZIP) ("Cadiz" or the "Company"), today announced that it has entered into a definitive securities purchase agreement for a registered direct offering ("Offering") of 6.86 million shares of common stock at a price of $1.75 per share for total proceeds of $12 million.  The Offering is led by the Company's largest equity shareholder Heerema International Group Services SA ("Heerema IGS"), along with Company founder and Board member Keith Brackpool and affiliates of the Company's senior secured lender, B.

Cadiz Announces New $12 Million Equity Investment from Registered Direct Offering of Common Stock

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.

SUSAN KENNEDY APPOINTED EXECUTIVE CHAIR OF CADIZ INC.

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"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.

Cadiz Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock

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.

Cadiz Reports New Form 13D Filing by Heerema

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.  "The State water outlook turned gloomier this week; if that's possible.

Cadiz Inc. Issues Statement in Response to News that California Water Districts Will Receive 0% of Supplies Contracted from the State

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. The latest edition includes a summary of industry headlines and media coverage from the quarter, a letter from the CEO, content and images from the Company's corporate blog, a Fall harvest update, social media material, and updates on growth at the Cadiz Ranch.

Cadiz Releases Q3 Shareholder Newsletter

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.

Cadiz Inc. Issues Outlook on New California Water Year

No news was bad news for the water company.

Why Shares of Cadiz Fell on Monday

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.

News for Cadiz Stock (CDZI)