---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-045476"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:17:36.514255+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Limoneira to sell 80% of Paso Robles vineyard for $16M; records $9.3M impairment

## Summary
- Sale of 80% tenant-in-common interest in 724-acre Paso Robles property for $16M: $10M cash + $6M promissory note.
- Buyer is Peak Holdings LLC; due diligence period ends July 1, 2026; closing by October 31, 2026.
- $500K deposit becomes non-refundable after due diligence; half ($250K) released to seller at that time.
- Company records $9.3M impairment of property, plant and equipment in Q2 FY2026 due to expected sale price below carrying value.

## SEC filing metadata
- accession: 0001104659-26-045476
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/tm2612188d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-045476
- JSON: https://secwatch.observer/filing/0001104659-26-045476.json
- Plain text: https://secwatch.observer/filing/0001104659-26-045476.txt

## Source-grounded claims
- claim_id: 94978111b121eac2ef744798be7c36c8ab0119ca
  claim: Limoneira CO entered into Purchase and Sale Agreement with Peak Holdings, LLC valued at $16,000,000 aggregate purchase price, $10,000,000 cash and $6,000,000 promissory note (effective 2026-04-14).
  evidence_excerpt: On April 14, 2026, Windfall Investors, LLC, a California limited liability company and subsidiary of Limoneira Company (the “ Company ”) entered into a Purchase and Sale Agreement (the “ Purchase Agreement ”) with Peak Holdings, LLC, a California limited liability company (the “ Buyer ”) pursuant to which the Company will sell to the Buyer an eighty-percent (80%) undivided tenant-in-common interest in the Company’s real estate parcels located in Paso Robles, California
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm
- claim_id: d3bec89f5d499ec54d0d2095bc9f2e9e0c01fb80
  claim: Limoneira CO announced a impairment with charges of approximately $9,300,000.
  evidence_excerpt: As a result of the transactions contemplated by the Purchase Agreement, we determined on April 14, 2026 that we will recognize an impairment of property, plant and equipment to be recorded in the second quarter of fiscal year 2026, which is currently estimated to be approximately $9,300,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm

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