secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0001437749-22-000283
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple agrees to sell 45.67 acres in Kapalua for $40M
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- Purchase price of $40M for Kapalua Central Resort property; buyer is EKN Development Group LLC.
- Closing deadline is March 31, 2022; due diligence period up to 120 days.
- EKN deposits $300K refundable within 5 days; additional $1.5M nonrefundable after acceptance.
- Sale includes all existing easements, development rights, and entitlements appurtenant to the property.
- No assurance the transaction will close; subject to customary conditions including title policy delivery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774922000283/0001437749-22-000283-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774922000283/mlp20220103_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-000283

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