secwatch.observer — SEC 8-K summary
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Issuer:     CADIZ INC (CDZI)
CIK:        0000727273
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001213900-25-055863
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadiz signs MOU with Hoku Energy for clean energy campus on 10,000+ acres; expects $7-10M/yr revenue
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- Non-binding MOU grants Hoku Energy three-year exclusive option to develop renewable power, green hydrogen, and data center on Cadiz Ranch in Mojave Desert.
- Expected annual revenue from land lease ($7.2M initial rent on 10,000 acres) and water sales ($1.8M-$3.4M for 2,000-4,000 acre-feet) totals $7-10M.
- Follows 2024 deal with RIC Energy for green hydrogen; together position Cadiz Ranch as a major clean energy campus.
- Hoku will pay $50,000 annual option fee during the three-year period and cover permitting, feasibility, and capital costs.
- Cadiz reserves 400 acres for commercial development including potential data center; Hoku gets right of first refusal to supply power.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/727273/000121390025055863/0001213900-25-055863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/727273/000121390025055863/ea0246316-8k_cadiz.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-055863

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