Welcome to our dedicated page for Cadiz SEC filings (Ticker: CDZIP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cadiz, Inc. Depositary Shares (NASDAQ: CDZIP) SEC filings page aggregates regulatory documents that relate to Cadiz’s 8.875% Series A Cumulative Perpetual Preferred Stock and its underlying business. CDZIP represents depositary shares, each corresponding to a 1/1000 fractional interest in a share of this preferred stock, and the filings associated with Cadiz, Inc. (CDZI) provide insight into the terms, risks and corporate actions that affect these securities.
Current Reports on Form 8-K are a key source of information. For example, Cadiz has filed 8-Ks describing memoranda of understanding with EPCOR NR Holdings Inc. to jointly pursue development of the Mojave Groundwater Bank and to grant EPCOR exclusive rights to market conserved water to Arizona off-takers, as well as a non-binding MOU with Hoku Energy Limited for an integrated clean energy and digital infrastructure project on Cadiz-owned land in the Mojave Desert. These filings outline contemplated roles in designing, building and financing portions of the Southern Pipeline system, potential operation and maintenance arrangements, and option and lease structures for clean energy and digital infrastructure development.
Other SEC filings, such as quarterly reports on Form 10-Q and annual reports on Form 10-K, provide broader financial and operational context for Cadiz’s water supply, storage, pipeline and treatment activities, including contributions from its ATEC Water Systems subsidiary. While these reports are filed at the Cadiz, Inc. level under CDZI, they are important for understanding the company’s ability to support obligations on its preferred stock and depositary shares.
On this page, investors can access real-time updates from the SEC’s EDGAR system, including new 8-Ks, 10-Qs and 10-Ks relevant to Cadiz and CDZIP. AI-powered summaries help explain the key points of lengthy filings, highlight material agreements such as MOUs and partnership arrangements, and clarify how these developments relate to Cadiz’s land, water and pipeline assets. Users can also review disclosures about the preferred stock, capital structure and other items that may influence the risk and income characteristics of CDZIP depositary shares, as well as monitor any future Form 4 insider transaction reports or proxy statements that may be filed by the company.
Cadiz Inc. (NASDAQ: CDZI / CDZIP) disclosed in an 8-K that, on 17 June 2025, it signed a non-binding three-year Memorandum of Understanding (MOU) with UK-based Hoku Energy Limited to develop a large-scale clean-energy and digital-infrastructure project on up to 10,000 of Cadiz’s 35,000 Mojave-Desert acres.
Key commercial terms include: (1) exclusive option payment of $50,000 per year to Cadiz during the option period; (2) upon exercise, a long-term lease at up to $1,000 per acre (2025 dollars) equating to an initial $7.2 million annual rent for a full 10,000-acre lease, CPI-adjusted; (3) Cadiz to supply 2,000-4,000 acre-feet of water annually for green-hydrogen production at up to $900 per acre-foot, or $1.8-3.4 million in first-year water revenue; and (4) rights for Hoku to use existing pipeline corridors, subject to added rent and approvals.
The project would combine zero-carbon renewable power, low-carbon thermal generation and a potential high-performance-computing data-centre. Hoku will fund permitting, feasibility, capital raising and must meet non-binding milestones to convert the option to a lease. The MOU excludes Cadiz’s separate green-hydrogen and solar arrangements and grants Hoku a right of first refusal to power any 400-acre commercial data-centre Cadiz may develop.
Because the MOU is non-binding, revenue visibility hinges on successful negotiations, regulatory approvals and demand conditions. The filing contains customary forward-looking-statement disclaimers.