{"schema_version":"secwatch.filing_event.v1","accession":"0000003545-23-000041","form_type":"8-K","ticker":"ALCO","cik":"0000003545","company_name":"ALICO, INC.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.659182+00:00","generated_at":"2026-06-07T07:09:00.925305+00:00","sec_items":["2.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alico completes $77.6M sale of 17,229 acres to State of Florida, pays down debt","bullets":["Sold 17,229 acres of Alico Ranch to State of Florida for gross proceeds of $77.6M.","Used $43.3M to repay Working Capital Line of Credit and $19.1M to retire Variable Rate Term Debt.","Remaining proceeds retained for general corporate purposes.","Sale completed under Florida Forever Program; state approved purchase on Sep 21, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000003545-23-000041","json":"https://secwatch.observer/filing/0000003545-23-000041.json","markdown":"https://secwatch.observer/filing/0000003545-23-000041.md","text":"https://secwatch.observer/filing/0000003545-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3545/000000354523000041/0000003545-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3545/000000354523000041/alco-20231221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:09:00.925305+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e07d978691823fa3513e014af92950c59a18e070","claim":"ALICO, INC. completed a disposition involving Board of Trustees of the Internal Improvement Trust Fund of the State of Florida for $77,630,500 (closed 2023-12-21).","evidence_excerpt":"On December 21, 2023, the Sale was consummated and the Company received gross proceeds of $77,630,500.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/3545/000000354523000041/0000003545-23-000041-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Board of Trustees of the Internal Improvement Trust Fund of the State of Florida"},{"label":"Consideration","value":"$77,630,500"},{"label":"Closing","value":"2023-12-21"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}