secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2026-04-15T23:59:59+00:00
Accession:  0001104659-26-043817
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/0001104659-26-043817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926043817/tm2611893d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-043817

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