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 | ||
2.25 USD | 0.00% | 0.00% | -19.64% |
1st Jan change | Capi. | |
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-19.64% | 151M | |
-8.49% | 23.53B | |
-32.75% | 3.19B | |
+13.79% | 2.54B | |
-.--% | 2.12B | |
-18.13% | 1.72B | |
+5.32% | 1.6B | |
-10.87% | 1.52B | |
+30.91% | 1.24B | |
-11.02% | 1.15B |
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- Cadiz Inc. announced that it has received $20 million in funding