secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001437749-24-032211
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

MLP leases 50 acres to State of Hawaii for wildfire-displaced temporary homes; administers $35.5M construction
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- Leases ~50 acres at Honokeana, Napili, for five years plus construction time at no cost to the State.
- State funds ~$35.5M for horizontal improvements; MLP administers construction at cost with no direct profit.
- After lease, State removes vertical improvements unless MLP requests retention.
- Land is part of a larger 1,377-acre parcel owned by MLP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774924032211/0001437749-24-032211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774924032211/mlp20241025_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-032211

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer