Cadiz Inc. announced that it has entered into a Credit Agreement pursuant to which the Issuer borrowed fund in the form of convertible loan for the gross proceeds of $20,000,000 on March 6, 2024. The loan may be converted into common stock at a conversion price of $5.30 per share. The Issuer also issued 1,000,000 warrants to purchase common stock, exercisable at $5.00 per share.
Real-time Estimate
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5-day change | 1st Jan Change | ||
2.405 USD | +2.34% | 0.00% | -14.64% |
05-08 | ExxonMobil: Maria J. Dreyfus joins the Board of Directors | CF |
04-24 | Cadiz Announces Water Supply Agreement with Solstra Communities to Support Bold Attainable Housing in Santa Barbara County | CI |
1st Jan change | Capi. | |
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-14.64% | 159M | |
+1.58% | 25.89B | |
-23.94% | 3.54B | |
+22.99% | 2.72B | |
-.--% | 2.14B | |
-12.96% | 1.83B | |
-8.15% | 1.6B | |
-6.05% | 1.47B | |
+37.63% | 1.32B | |
-5.80% | 1.22B |
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- Cadiz Inc. announced that it has received $20 million in funding