secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2026-04-20T23:59:59+00:00
Accession:  0001104659-26-045476
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.06, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/tm2612188d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-045476

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