{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-008598","form_type":"8-K","ticker":"LMNR","cik":"0001342423","company_name":"Limoneira CO","filed_at":"2023-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.552474+00:00","generated_at":"2026-06-20T05:09:45.027497+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Limoneira closes sale of 3,537 acres in Tulare County for $100M; expects accretion to EBITDA and EPS","bullets":["Sale closed Jan 31, 2023; purchase price $100M with ~$99M net cash proceeds.","Transaction expected to be accretive to pro forma EBITDA and EPS; will significantly reduce debt.","Entered into one-year farm management and minimum five-year packing/marketing agreements with buyer PGIM.","Over past 3 months, sold ~$130M of $150M non-strategic assets identified under strategic plan.","Company will host conference call Feb 1, 2023 at 10:00 a.m. ET to discuss the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-008598","json":"https://secwatch.observer/filing/0001104659-23-008598.json","markdown":"https://secwatch.observer/filing/0001104659-23-008598.md","text":"https://secwatch.observer/filing/0001104659-23-008598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342423/000110465923008598/0001104659-23-008598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342423/000110465923008598/tm234205d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T05:09:45.027497+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":"dd87b8774c38ea702de7286fb0b48405b241d755","claim":"Limoneira CO entered into Purchase and Sale Agreement and Joint Escrow Instructions with PGIM Real Estate Finance, LLC valued at approximately $100,000,000 (effective 2022-10-10).","evidence_excerpt":"On October 10, 2022, Limoneira Company, (the “ Company ”) entered into a Purchase and Sale Agreement and Joint Escrow Instructions, dated October 10, 2022 (the “ Purchase Agreement ”), as amended on January 17, 2023 (the “ First Amendment ”), and as further amended on January 24, 2023 (the “ Second Amendment ” and, together with the First Amendment and the Purchase Agreement, the “ Agreement ”) with PGIM Real Estate Finance, LLC, a Delaware Limited Liability Company (“ PGIM ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1342423/000110465923008598/0001104659-23-008598-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"PGIM Real Estate Finance, LLC"},{"label":"Value","value":"approximately $100,000,000"},{"label":"Effective","value":"2022-10-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}