other material
confidence high
sentiment neutral
materiality 0.25
Cadiz registers 166,036 common shares issued as consent fee to three lenders
CADIZ INC
- 166,036 shares of common stock issued as Consent Fee Shares to three institutional lenders under credit agreement.
- Shares consideration for consents and releases needed for Third Amendment to Credit Agreement dated March 6, 2024.
- Prospectus supplement filed April 2, 2024 under existing shelf registration statement (File No. 333-257159).
- Opinion of counsel (Exhibit 5.1) filed regarding legality of the Consent Fee Shares.