Cadiz (CDZI) Announces $23 Million Registered Direct Offering

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Go back to Cadiz (CDZI) Announces $23 Million Registered Direct Offering

Cadiz Inc. Announces $23 Million Registered Direct Offering

November 4, 2024 8:45 AM EST

LOS ANGELES, Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 7,000,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.34 per share. The aggregate gross proceeds to the Company from the Offering are expected to... More