CKX (CKX Lands) completes $8.6M Louisiana land sale deal

Rhea-AI Filing Summary

CKX Lands, Inc. (CKX) completed a significant land sale in Louisiana. On November 18, 2025, the company sold approximately 6,548 acres of wholly owned land in multiple Louisiana parishes to Southern Pine Plantations of Georgia, Inc. for a cash purchase price of $8,618,021.70, adjusted under the terms of their purchase agreement. Certain portions of the property were excluded from the deal, with the original price reduced by $1,316.05 per acre for land left out as specified in the agreement. The transaction was completed under an Agreement of Purchase and Sale first effective August 14, 2025, as later amended in October and November 2025.

Insights

Real estate and small-cap equities analyst

CKX monetizes 6,548 acres for $8.6M cash in Louisiana.

CKX Lands, Inc. has completed the sale of approximately 6,548 acres of Louisiana land for a cash price of $8,618,021.70. For a land-focused company, a transaction of this size can reshape the asset mix by converting a sizable landholding into cash, depending on the overall portfolio scale.

The agreement allowed specific tracts to be excluded, with a per-acre adjustment of $1,316.05, which provides a clear pricing reference for the excluded acres. The buyer is Southern Pine Plantations of Georgia, Inc., and the deal was executed through an initial agreement dated August 14, 2025 and three subsequent amendments.

The filing does not detail how this cash will be deployed or how large the sold acreage is relative to CKX’s remaining holdings. Subsequent periodic reports may clarify the impact on recurring land-derived income and longer-term strategy following this asset sale.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 18, 2025

CKX LANDS, INC.

(Exact name of registrant as specified in its charter)

Louisiana		1-31905		72-0144530
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)
2417 Shell Beach Drive Lake Charles, Louisiana				70601
(Address of principal executive offices)				(Zip Code)

(337) 493-2399

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common stock with no par value	CKX	NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Introductory Note

On November 18, 2025, the Registrant completed the transactions contemplated by the Agreement of Purchase and Sale effective August 14, 2025 (the “Original Agreement”) by and among the Registrant, Southern Pine Plantations of Georgia, Inc., a Georgia corporation (“Buyer”) and Adams, Hemingway, Wilson and Rutledge, LLC, as escrow agent, as amended by the Amendment to Agreement of Purchase and Sale effective October 10, 2025 by and between the Registrant and the Buyer, the Second Amendment to Agreement of Purchase and Sale effective October 28, 2025 by and between the Registrant and the Buyer, and the Third Amendment to Agreement of Purchase and Sale effective November 13, 2025 by and between the Registrant and the Buyer. The Original Agreement, as amended, is referred to in this report as the “Agreement”.

Item 2.01 Completion of Acquisition or Disposition of Assets

The information set forth in the Introductory Note of this Current Report is incorporated herein by reference.

On November 18, 2025, pursuant to the Agreement, the Registrant completed the sale to the Buyer of approximately 6,548 acres of land wholly-owned by the Registrant in Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis, Natchitoches, Rapides and Sabine Parishes of the State of Louisiana (the “Transaction”). The purchase price, as adjusted pursuant to the terms of the Agreement, was $8,618,021.70, and was paid in cash.

Pursuant to the terms of the Agreement, the parties excluded from the Transaction certain portions of the Property (as defined in the Agreement) and the original purchase price was reduced by $1,316.05 per acre excluded, as provided in the Agreement.

The description of the Transaction and the Agreement contained in this Item 2.01 does not purport to be complete and is subject to and qualified in its entirety by reference to the Original Agreement, which was filed as Exhibit 10.1 to the Current Report on Form 8-K filed by the Registrant with the Securities and Exchange Commission on August 15, 2025, and the amendments to the Original Agreement filed as Exhibits 10.2, 10.3 and 10.4 with this report. The Agreement is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: 

Exhibit No.		Description
10.1		Agreement of Purchase and Sale dated August 14, 2025 by and among the Registrant, Southern Pine Plantations of Georgia, Inc. and Adams, Hemingway, Wilson and Rutledge, LLC, as escrow agent (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by the Registrant on August 15, 2025).
10.2*		Amendment to Agreement of Purchase and Sale effective October 10, 2025 by and between the Registrant and Southern Pine Plantations of Georgia, Inc.
10.3*		Second Amendment to Agreement of Purchase and Sale effective October 28, 2025 by and between the Registrant and Southern Pine Plantations of Georgia, Inc.
10.4*		Third Amendment to Agreement of Purchase and Sale effective November 13, 2025 by and between the Registrant and Southern Pine Plantations of Georgia, Inc.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

* Filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CKX LANDS, INC. (Registrant)
Date: November 19, 2025	By:		/s/ W. Gray Stream
			W. Gray Stream President

FAQ

What transaction did CKX Lands, Inc. (CKX) announce in this 8-K?

CKX Lands, Inc. reported that on November 18, 2025, it completed the sale of approximately 6,548 acres of land in several Louisiana parishes to Southern Pine Plantations of Georgia, Inc. under a previously signed Agreement of Purchase and Sale.

How much cash did CKX Lands, Inc. (CKX) receive for the land sale?

The purchase price for the transaction, after adjustments under the agreement, was $8,618,021.70, which was paid in cash to CKX Lands, Inc.

Where were the CKX (CKX Lands, Inc.) properties involved in the sale located?

The approximately 6,548 acres sold by CKX were located in Allen, Beauregard, Calcasieu, Cameron, Jefferson Davis, Natchitoches, Rapides and Sabine Parishes in the state of Louisiana.

Who is the buyer in CKX Lands, Inc.’s $8.6 million land sale?

The buyer is Southern Pine Plantations of Georgia, Inc., a Georgia corporation, which purchased the specified Louisiana land from CKX under the Agreement of Purchase and Sale.

Were any parts of the CKX (CKX Lands, Inc.) property excluded from the transaction?

Yes. Certain portions of the defined property were excluded from the transaction, and the original purchase price was reduced by $1,316.05 per excluded acre, as set out in the agreement.

What agreements governed CKX Lands, Inc.’s land sale to Southern Pine Plantations?

The sale was governed by an Agreement of Purchase and Sale effective August 14, 2025, between CKX and Southern Pine Plantations of Georgia, Inc., along with three amendments effective October 10, 2025, October 28, 2025, and November 13, 2025.