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

Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001104659-25-021557
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira receives termination of Farm Management Agreement for 3,537-acre citrus groves effective March 31, 2025
--------------------------------------------------------------------------------

- PGIM (on behalf of PAI) terminated Farm Management Agreement (FMA) effective March 31, 2025; no early termination penalties.
- Under the FMA, Limoneira managed 3,537 acres of citrus groves in Tulare County sold to PGIM in October 2022.
- The related Grower Packing & Marketing Agreement (GPMA) with PAI for packing/marketing lemons continues with a five-year term.
- The FMA had auto-renewed after March 31, 2024, subject to 30-day notice before April 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925021557/0001104659-25-021557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925021557/tm258551d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021557

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