Susan Kennedy Appointed Executive Chair of Cadiz, Inc
LOS ANGELES, February 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 […]
Cadiz Declares Quarterly Dividend on Series A Cumulative Perpetual Preferred Stock
LOS ANGELES, December 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 […]
Cadiz Reports New Form 13D Filing by Heerema
(LOS ANGELES, December 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 […]
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. “The State water outlook turned gloomier this week; if that’s […]
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. 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 […]
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”). Holders of Series A Preferred Stock will receive a cash dividend equal to $630.00 per whole share. Holders of […]
Systemic Water Shortage in California Intensifies
Posted: September 15, 2021 On the heels of one of the driest years in recorded history California will begin a new “water year” on October 1st.[1] An inventory of existing water assets does not build confidence that we are prepared for yet another dry year. Photos prominently placed in print media are circulating the internet […]
Cadiz Inc. Issues Statement on Recent Stock Volatility
LOS ANGELES, September 21, 2021—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. The Company issued its second quarter results on […]
Cadiz Completes Acquisition of 220-Mile Pipeline Asset
Company finalizes transaction with El Paso Natural Gas to acquire existing pipeline segment. Pipeline positioned to convey water between California communities and diversify state’s water infrastructure. (LOS ANGELES, July 1, 2021) — Cadiz Inc. (“the Company,” NASDAQ: CDZI) is pleased to announce today that it completed the acquisition of an existing 220-mile pipeline, the […]
Cadiz Inc. Prices $50 Million Offering of Depositary Shares
(LOS ANGELES, June 29, 2020) — 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. […]