---
schema_version: "secwatch.filing_event.v1"
accession: "0000892626-24-000019"
form_type: "8-K"
ticker: "KANP"
cik: "0001230058"
company_name: "KAANAPALI LAND LLC"
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:11:40.818920+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kaanapali Land subsidiary signs $29.9M agreement to sell 241 acres in Hawaii

## Summary
- Base sales price $29.9M for ~241 acres in Pu'ukoli'i Village Mauka, near Kaanapali resort area.
- KLMC to receive 2.5% of gross sales price of each market-priced unit sold by buyer; additional consideration for bulk sales within 5 years.
- Buyer has 100-day due diligence period (extendable by 60 days) and can terminate in its sole discretion; closing 30 days after due diligence ends.
- No assurance transaction will close; subject to buyer's investigation and evaluation.

## SEC filing metadata
- accession: 0000892626-24-000019
- form_type: 8-K
- ticker: KANP
- cik: 0001230058
- company_name: KAANAPALI LAND LLC
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1230058/000089262624000019/0000892626-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1230058/000089262624000019/kaa8k-20240605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000892626-24-000019
- JSON: https://secwatch.observer/filing/0000892626-24-000019.json
- Plain text: https://secwatch.observer/filing/0000892626-24-000019.txt

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