<SEC-DOCUMENT>0000727273-20-000004.txt : 20200220
<SEC-HEADER>0000727273-20-000004.hdr.sgml : 20200220
<ACCEPTANCE-DATETIME>20200220164011
ACCESSION NUMBER:		0000727273-20-000004
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200219
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20200220
DATE AS OF CHANGE:		20200220

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CADIZ INC
		CENTRAL INDEX KEY:			0000727273
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				770313235
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12114
		FILM NUMBER:		20635774

	BUSINESS ADDRESS:	
		STREET 1:		550 SOUTH HOPE STREET
		STREET 2:		SUITE 2850
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		213-271-1600

	MAIL ADDRESS:	
		STREET 1:		550 SOUTH HOPE STREET
		STREET 2:		SUITE 2850
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CADIZ LAND CO INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PACIFIC AGRICULTURAL HOLDINGS INC
		DATE OF NAME CHANGE:	19920602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARIDTECH INC
		DATE OF NAME CHANGE:	19880523
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k_jan20.htm
<DESCRIPTION>CURRENT REPORT ON FORM 8-K
<TEXT>
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    <div style="text-align: center; font-size: 14pt; font-variant: small-caps; font-weight: bold;">united states</div>
    <div style="text-align: center; font-size: 14pt; font-variant: small-caps; font-weight: bold;">Securities and Exchange Commission</div>
    <div style="text-align: center; font-size: 12pt; font-variant: small-caps; font-weight: bold;">Washington, D. C. 20549</div>
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    <div style="text-align: center; font-weight: bold;">FORM 8-K</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-weight: bold;">Pursuant to Section 13 or 15(d) of the </div>
    <div style="text-align: center; font-weight: bold;">Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Date of Report (Date of earliest event reported):</div>
    <div style="text-align: center; font-weight: bold;">February 19, 2020</div>
    <table cellspacing="0" cellpadding="0" id="zc0350ba45bf548388e6d501a3fa6184b" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <div>&#160;</div>
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            <div style="text-align: center; font-weight: bold;"><font style="font-variant: small-caps;">C</font>adiz Inc.</div>
          </td>
        </tr>
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          <td style="width: 100%; vertical-align: top;" colspan="7">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="7">
            <div style="text-align: center; font-weight: bold;">(Exact Name of Registrant as Specified in its Charter)</div>
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          <td style="width: 31.99%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">DELAWARE</div>
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          <td style="width: 1.99%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 32%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="text-align: center; font-weight: bold;">0-12114</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 32%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">77-0313235</div>
          </td>
        </tr>
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          <td style="width: 31.99%; vertical-align: top;">
            <div style="text-align: center; margin-right: 0.8pt; font-weight: bold;">(State or Other Jurisdiction</div>
            <div style="text-align: center; margin-right: 0.8pt; font-weight: bold;">of Incorporation)</div>
            <div style="text-align: center; margin-right: 0.8pt; font-weight: bold;"> <br>
            </div>
          </td>
          <td style="width: 1.99%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 32%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-weight: bold;">(Commission File Number)</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 32%; vertical-align: top;">
            <div style="text-align: center; margin-right: 0.8pt; font-weight: bold;">(IRS Employer</div>
            <div style="text-align: center; margin-right: 0.8pt; font-weight: bold;">Identification No.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49%; vertical-align: top; border-bottom: #000000 2px solid;" colspan="3">
            <div style="text-align: center; margin-right: 28.8pt; margin-left: 28.8pt; font-weight: bold;">550 S. Hope Street, Suite 2850</div>
            <div style="text-align: center; margin-right: 28.8pt; margin-left: 28.8pt; font-weight: bold;">Los Angeles, CA</div>
          </td>
          <td style="width: 2%; vertical-align: middle;">
            <div>&#160;</div>
          </td>
          <td style="width: 49%; vertical-align: bottom; border-bottom: #000000 2px solid;" colspan="3">
            <div style="text-align: center; font-weight: bold;">90071</div>
          </td>
        </tr>
        <tr>
          <td style="width: 49%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-weight: bold;">(Address of Principal Executive Offices)</div>
          </td>
          <td style="width: 2%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 49%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-weight: bold;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-weight: bold;">Registrant&#8217;s
        telephone number, including area code:</font>&#160;<font style="font-weight: bold;">(231) 271-1600</font></div>
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            <div style="text-align: center; font-weight: bold;">Title of each class</div>
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            <div style="text-align: center; font-weight: bold;">Trading Symbol(s)</div>
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          <td style="width: 37.59%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Name of each exchange on which registered</div>
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          <td style="width: 0.05%; vertical-align: top;">&#160;</td>
          <td style="width: 37.46%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">Common Stock, par value $0.01 per share</div>
          </td>
          <td style="width: 24.85%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">CDZI</div>
          </td>
          <td style="width: 37.59%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">The NASDAQ Global Market</div>
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          <td style="width: 0.05%; vertical-align: top;">&#160;</td>
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            <div>&#160;</div>
            <div style="text-align: center; font-weight: bold;">Not Applicable</div>
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          <td style="width: 100%; vertical-align: top;" colspan="5">&#160;</td>
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          <td style="width: 100%; vertical-align: top;" colspan="5">
            <div style="text-align: center; font-weight: bold;">(Former Name or Former Address, if Changed Since Last Report)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation
      of the registrant under any of the following provisions (see General Instruction A.2. below):</div>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;&#160; </font>Written communications
      pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</div>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;&#160; </font>Soliciting material pursuant
      to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;&#160; </font>Pre-commencement
      communications pursuant to Rule&#160;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt;"><font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;&#160; </font>Pre-commencement
      communications pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
    <div style="text-align: justify; margin-right: 16.75pt; margin-bottom: 10.35pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the
      Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</div>
    <div style="text-align: justify; margin-bottom: 5.25pt;">Emerging growth company <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-right: 26.5pt; margin-bottom: 5.25pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended
      transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
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    </div>
    <div style="font-weight: bold;">Item 5.02.&#160; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
      of Certain Officers.</div>
    <div><br>
    </div>
    <div style="text-align: justify;">On February 14, 2020, the Board of Directors (the "Board") of Cadiz Inc. (the "Company") received notice from Water Asset Management, LLC ("WAM") that its
      aggregate beneficial ownership of the Company's common stock, par value $0.01 per share, fell below the five percent (5%) ownership threshold required by the previously reported Cooperation Agreement, by and between WAM and the Company, dated as of
      May 1, 2018 (the "Cooperation Agreement").&#160; As a result of WAM failing to own at least 5% of the Company's issued and outstanding common stock, WAM has lost its right under the Cooperation Agreement to designate any independent directors to the
      Board. In connection with WAM's forfeiture of this right, Jeffrey J. Brown notified the Company on February 19, 2020 of his resignation from the Board, effective immediately.&#160; Mr. Brown&#8217;s resignation was not due to any disagreement with the Company
      that is known to any executive officer of the Company on any matter relating to the Company's operations, policies or practices.</div>
    <div><br>
    </div>
    <div style="margin-left: 0.75pt;">&#8220;Jeff brought significant financial and public board expertise to the Board.&#160; On behalf of all of the members of the Board, we wish Jeff
      our very best and want to thank him for his dedicated service to Cadiz,&#8221; said Keith Brackpool, the chairman of the Board. <br>
    </div>
    <div style="margin-left: 0.75pt;"><br>
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    <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
    <div style="text-indent: 18pt;">&#160;</div>
    <div style="text-indent: 18pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
      by the undersigned hereunto duly authorized.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">&#160;</div>
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            <div style="font-weight: bold;">&#160;</div>
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          <td style="width: 51.58%; vertical-align: top;">
            <div style="margin-left: 0.05pt; font-weight: bold;">CADIZ INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.42%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 51.58%; vertical-align: top;">
            <div style="margin-left: 0.05pt;">&#160;</div>
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          <td style="width: 51.58%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="margin-left: 0.05pt;">By: /s/ Timothy J. Shaheen</div>
          </td>
        </tr>
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          <td style="width: 48.42%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 51.58%; vertical-align: top;">
            <div style="text-indent: 18.75pt;">Timothy J. Shaheen</div>
          </td>
        </tr>
        <tr>
          <td style="width: 48.42%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 51.58%; vertical-align: top;">
            <div style="text-indent: 18.7pt; margin-left: 0.05pt;">Chief Financial Officer</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center;">&#160;</div>
    <div>Date:&#160; February 20, 2020</div>
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</SEC-DOCUMENT>
