---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007757"
form_type: "8-K"
ticker: "CDZI"
cik: "0000727273"
company_name: "CADIZ INC"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:54:00.275555+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cadiz signs water supply deal with Golden State Water for 5,000 AFY at $1,450/AF

## Summary
- GSWC will purchase 5,000 acre-feet/year from Cadiz’s Project at ~$1,450/AF in 2024 dollars, adjusted annually.
- Cadiz expects net revenue of $850/AF after costs; payments begin when conditions and construction complete.
- Agreement uses Cadiz’s Northern Pipeline (capacity 25,000 AFY); this and other deals represent ~60% of capacity.
- Parties to jointly pursue grant funding to offset capital costs; grant credits reduce water price for GSWC.

## SEC filing metadata
- accession: 0001437749-24-007757
- form_type: 8-K
- ticker: CDZI
- cik: 0000727273
- company_name: CADIZ INC
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727273/000143774924007757/0001437749-24-007757-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727273/000143774924007757/cdzi20240313_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007757
- JSON: https://secwatch.observer/filing/0001437749-24-007757.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007757.txt

## Key facts
- Material Agreements
  CADIZ INC entered into GSWC Agreement with Golden State Water Company (effective 2024-03-13).
  - Action: entry
  - Agreement: supply
  - Counterparty: Golden State Water Company
  - Effective: 2024-03-13
  source text: On March 13, 2024, Cadiz Inc. (the “Company” or “Cadiz”) and Fenner Gap Mutual Water Company entered into a water supply agreement with Golden State Water Company (“GSWC”), an investor-owned utility serving the City of Barstow, California (“GSWC Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/727273/000143774924007757/0001437749-24-007757-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.