---
schema_version: "secwatch.filing_event.v1"
accession: "0000003545-25-000065"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:30:27.247452+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Alico abandons 90% of citrus acres, exits core citrus business due to greening disease

## Summary
- Alico will wind down its Alico Citrus division, abandoning trees on ~90% of producing acres after current harvest.
- Pro forma total assets fall to $177.5M from $397.6M; retained earnings reduced by ~$159M due to asset write-off.
- Pro forma FY2024 net income attributable to Alico common stockholders would be $44.5M vs. historical $6.97M, excluding citrus operations.
- Company shifts focus to long-term diversified land usage and real estate development strategy.
- Citrus greening disease and environmental factors cited as reasons for no further material capital investment.

## SEC filing metadata
- accession: 0000003545-25-000065
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000000354525000065/0000003545-25-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000000354525000065/alco-20250421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003545-25-000065
- JSON: https://secwatch.observer/filing/0000003545-25-000065.json
- Plain text: https://secwatch.observer/filing/0000003545-25-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.