---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-043817"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:02:54.113902+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Limoneira forms 50/50 JV with Agromin to build organics recycling facility; operational H2 FY2027

## Summary
- JV will process ~295,000 tons of organic waste annually; only permitted commercial composting center in Ventura County.
- Revenue from gate fees and compost sales; Limoneira leases 70 acres for ~$560k/year plus water rights.
- JV expected to contribute significant EBITDA equally shared; underutilized land and conserved water deployed.
- Facility helps meet California SB 1383 mandates; will divert ~75% of Ventura County's landfilled organic waste.
- Limoneira provides up to $5M revolving credit to NewCo, secured by NewCo assets, subordinated to future senior debt.

## SEC filing metadata
- accession: 0001104659-26-043817
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/0001104659-26-043817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/tm2611893d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-043817
- JSON: https://secwatch.observer/filing/0001104659-26-043817.json
- Plain text: https://secwatch.observer/filing/0001104659-26-043817.txt

## Source-grounded claims
- claim_id: 9bdd80e2f7139d10b557cc7aa38397dc328f4ded
  claim: Limoneira CO entered into Land Lease Agreement with Agromin-Limoneira LLC (effective 2026-04-14).
  evidence_excerpt: ormed a special purpose entity, Agromin-Limoneira LLC, a California limited liability company (“ NewCo ”), for the purpose
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/0001104659-26-043817-index.htm
- claim_id: d2c24559898e6780a5ef70afadc9a901f49b9e42
  claim: Limoneira CO entered into Operating Agreement of Agromin-Limoneira LLC with California Wood Recycling, Inc. dba Agromin (effective 2026-04-14).
  evidence_excerpt: on April 14, 2026, the Company entered into the Operating Agreement of Agromin-Limoneira LLC (the “ LLC Agreement ”) which provides for, among other things, the admittance of the Company and Agromin as 50% members of NewCo.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/0001104659-26-043817-index.htm
- claim_id: e64daa1c06628310a8692f92c3ff7594f395833d
  claim: Limoneira CO entered into Revolving Line of Credit Agreement with Agromin-Limoneira LLC valued at $5,000,000 (effective 2026-04-14).
  evidence_excerpt: on April 14, 2026, the Company and NewCo entered into a Revolving Line of Credit Agreement (the “ Loan Agreement ”) which provides financing to NewCo in the aggregate principal amount of up to $5,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/0001104659-26-043817-index.htm

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