# Cadiz Agrees to Sell 5 Million Shares in $21 Million Offering

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43648
Published: 2026-10-29T15:42:49.000Z
Updated: 2026-10-29T15:42:49.000Z
Section: Business

> The shares are priced at $4.20 each. Cadiz expects the offering to close on or about Oct. 30, subject to customary closing conditions.

Cadiz Inc. agreed to sell 5 million common shares at $4.20 each in a registered direct offering, representing $21 million in gross proceeds.

The agreement was announced Thursday, Oct. 29. Cadiz expects the offering to close on or about Oct. 30, subject to customary closing conditions.