secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALICO, INC. (ALCO)
CIK:        0000003545
Form:       8-K
Filed at:   2026-06-25T20:02:16+00:00
Accession:  0000003545-26-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Alico leases 3,280 acres to U.S. Sugar with purchase option for $29.5M
----------------------------------------------------------------------

- Agricultural lease with U.S. Sugar for ~3,280 acres in Hendry County, Florida.
- Initial term July 1, 2026 to June 30, 2027; U.S. Sugar can extend for ten additional years.
- Purchase option exercisable on or before June 30, 2029 at $29,520,000 ($9,000/acre), subject to annual increase and per-acre adjustments.
- If lease extended, option period extends through June 30, 2031.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3545/000000354526000032/0000003545-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3545/000000354526000032/alco-20260618.htm
  HTML page:      https://secwatch.observer/filing/0000003545-26-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer