{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-101825","form_type":"8-K","ticker":"CDZI","cik":"0000727273","company_name":"CADIZ INC","filed_at":"2024-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.926277+00:00","generated_at":"2026-05-29T19:19:36.739149+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cadiz signs LOI with Lytton Rancheria for $50M investment in Mojave Groundwater Bank","bullets":["Lytton Rancheria to invest up to $50M in Newco for 51% stake in Mojave Groundwater Bank, largest tribal investment off tribal lands in U.S. history.","Total Newco equity target $401M; Cadiz also has LOI with non-profit fund for up to $150M, totaling $200M in LOIs.","Cadiz to transfer Northern Pipeline, Southern Pipeline ROW, and 51% storage rights to Newco for ~$51M, retaining 49% storage rights and all water supply revenue.","Newco investors prioritized to receive 98% of net revenues until 7.5% annual yield; Cadiz to be managing member.","Definitive agreements required; construction targeted for 2025 with initial water delivery as early as 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-101825","json":"https://secwatch.observer/filing/0001213900-24-101825.json","markdown":"https://secwatch.observer/filing/0001213900-24-101825.md","text":"https://secwatch.observer/filing/0001213900-24-101825.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727273/000121390024101825/0001213900-24-101825-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727273/000121390024101825/ea0222416-8k_cadiz.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T19:19:36.739149+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"}