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.
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5-day change | 1st Jan Change | ||
2.26 USD | +0.44% | +0.44% | -19.29% |
1st Jan change | Capi. | |
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-19.29% | 152M | |
-7.36% | 23.82B | |
-27.82% | 3.42B | |
+13.79% | 2.53B | |
-.--% | 2.13B | |
-17.69% | 1.73B | |
+1.37% | 1.54B | |
-10.70% | 1.53B | |
+34.41% | 1.28B | |
-9.04% | 1.18B |
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- Cadiz Inc. announced that it has received $20 million in funding