Cadiz Inc. Announces Proposed Public Offering of Common Stock

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Go back to Cadiz Inc. Announces Proposed Public Offering of Common Stock

Cadiz (CDZI) Prices 1M Share Common Stock Offering for Proceeds of ~$9.75M

December 1, 2016 8:01 AM EST

Cadiz Inc. (Nasdaq: CDZI) announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at a price to the public of $9.75 per share. The gross proceeds from this offering are expected to be approximately $9.75 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The net proceeds from this offering, after deducting underwriting discounts and commissions, are anticipated to be approximately... More