KAANAPALI LAND LLC (KANP): M&A transaction — Kaanapali Land completes sale of 21 acres in Lahaina for $19.9M

KAANAPALI LAND LLC

Sale closed March 10, 2026; Seller received $19,900,000 cash for ~21 acres in Lahaina, Hawaii.
Buyer is Pioneer Mill Site LLC; Seller is wholly-owned subsidiary Pioneer Mill Company, LLC.
Pro forma gain on sale of $10,300,000 (if transaction occurred Jan 1, 2024); cash increases ~$19.9M.
Pro forma decrease in license fee sales of ~$123K (2024) and ~$160K (9 mos 2025); SG&A reduction ~$53K and ~$44K.

item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

KAANAPALI LAND LLC completed a disposition involving Pioneer Mill Site LLC for $19,900,000 in cash (closed 2026-03-10).

Action: disposition
Counterparty: Pioneer Mill Site LLC
Consideration: $19,900,000 in cash
Closing: 2026-03-10

Exact text from the filing

Purchase Agreement, dated as of June 13, 2024 (the “PMC Sales Agreement” ). At the closing of the transactions contemplated by the PMC Sales Agreement, the Seller received $19,900,000 in cash from Buyer for the sale of the Property (subject to adjustment for closing costs, escrow agent fees, and applicable prorated items pursuant to the PMC Sales Agreement).

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KAANAPALI LAND LLC filing history →

Source: SEC EDGAR

accession 0001079973-26-000302

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