Cadiz Closes Financing, Secures Development Capital For Water Supply Projects [Yahoo! Finance]
Cadiz, Inc. (CDZI)
Last cadiz, inc. earnings: 11/8 05:19 pm
Check Earnings Report
US:NASDAQ Investor Relations:
cadizinc.com/investor-relations
Company Research
Source: Yahoo! Finance
LOS ANGELES and GENEVA March 6, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP, the "Company") announced today that it has completed a financing transaction that significantly strengthens its financial position and provides the Company with liquidity to accelerate development of its water supply projects in Southern California . The financing includes a new $20 million loan to fund operations and capital expenses associated with development of the Company's water supply projects and extends all debt maturities to 2027. The transaction, led by the Company's largest shareholder, Heerema International Group Services SA ("Heerema"), received strong support from the Company's existing lenders and shareholders. With the completion of this transaction, the Company has a solid financial foundation backed by its lead strategic investor with a substantial capital base committed to the long-term growth of the Company. "This financing puts us in position to be delivering water before
Show less
Read more
Impact Snapshot
Event Time:
CDZI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CDZI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CDZI alerts
High impacting Cadiz, Inc. news events
Weekly update
A roundup of the hottest topics
CDZI
News
- Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara County [Yahoo! Finance]Yahoo! Finance
- Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara CountyPR Newswire
- Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred Stock [Yahoo! Finance]Yahoo! Finance
- Cadiz Inc. Declares Quarterly Dividend for Q1 2024 on Series A Cumulative Perpetual Preferred StockPR Newswire
- Cadiz Closes Financing, Secures Development Capital For Water Supply ProjectsPR Newswire
CDZI
Earnings
- 11/13/23 - Miss
CDZI
Sec Filings
- 4/26/24 - Form DEF
- 4/19/24 - Form 4
- 4/19/24 - Form 8-K
- CDZI's page on the SEC website