Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Limoneira CO terminated Purchase and Sale Agreement with Peak Holdings, LLC valued at Sale of an 80% undivided tenant-in-common interest in real estate parcels in Paso Robles, California (effective 2026-06-15).
- Action
- termination
- Agreement
- asset purchase
- Counterparty
- Peak Holdings, LLC
- Value
- Sale of an 80% undivided tenant-in-common interest in real estate parcels in Paso Robles, California
- Effective
- 2026-06-15
Exact text from the filing
On June 15, 2026, Windfall Investors, LLC, a California limited liability company and subsidiary of Limoneira Company (the “ Company ”) received written notice of termination from Peak Holdings, LLC (“ Peak Holdings ”) of the Purchase and Sale Agreement (the “ Purchase Agreement ”), dated as of April 14, 2026, between the Company and Peak Holdings. Pursuant to the Purchase Agreement, the Company agreed to sell to Peak Holdings an eighty-percent (80%) undivided tenant-in-common interest in the Company’s real estate parcels located in Paso Robles, California. An amount equal to $500,000 in cash was deposited by Peak Holdings in an escrow account and will be returned to Peak Holdings pursuant to its right to terminate the Purchase Agreement during the due diligence review period, as set forth in Section 5.5 of the Purchase Agreement.
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