{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-096318","form_type":"8-K","ticker":"CDZI","cik":"0000727273","company_name":"CADIZ INC","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.926054+00:00","generated_at":"2026-05-30T02:27:38.194008+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cadiz secures option to buy 180 miles of Keystone XL pipe for $5M; plans groundwater bank","bullets":["Purchase option for 180 miles of steel pipe from terminated Keystone XL Pipeline; initial $5M payment secures exclusive option until Nov 2026, extendable to Nov 2027.","Exercise price of $155 per linear foot; credits reduce purchase price by up to $6.8M depending on exercise timing.","Pipe to be used for Mojave Groundwater Bank pipeline network; construction targeted for 2025.","Company already owns 220 miles of pipeline from El Paso Natural Gas acquisition in 2021.","In Oct 2024, Cadiz signed LOI for up to $150M from non-profit fund; total project estimated at $800M with $401M equity."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-096318","json":"https://secwatch.observer/filing/0001213900-24-096318.json","markdown":"https://secwatch.observer/filing/0001213900-24-096318.md","text":"https://secwatch.observer/filing/0001213900-24-096318.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727273/000121390024096318/0001213900-24-096318-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727273/000121390024096318/ea0220688-8k_cadizinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:27:38.194008+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}