Cadiz Raises $21 Million in Registered Direct Share Offering
- Cadiz agreed to sell 5 million common shares in a registered direct offering at $4.20 each, raising $21 million gross.
- Expected net proceeds of approximately $20 million will support general corporate purposes, including development and construction of the Mojave Groundwater Bank.
- Closing is expected on or about October 30, 2026, subject to customary conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadiz Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA84391) on October 29, 2026, and is solely responsible for the information contained therein.