Cadiz Earnings Call Transcripts
Fiscal Year 2026
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The meeting established a quorum, elected nine directors, approved an increase in authorized common stock, ratified the independent auditors, and passed an advisory vote on executive compensation. All proposals received majority or plurality support. Final results will be filed in Form 8-K.
Fiscal Year 2025
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The meeting confirmed a quorum, elected eight directors, approved an increase in shares for the equity incentive plan, ratified auditors for 2025, and passed an advisory vote on executive compensation. Voting procedures and shareholder engagement were emphasized.
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Major milestones in 2024 included securing long-term water contracts, forming a new LLC for the Mojave Groundwater Bank with significant equity and grant funding, and expanding into PFAS filtration and clean energy. 2025 goals focus on infrastructure buildout, capitalizing on state grants, and leveraging synergies between water, energy, and treatment assets.
Fiscal Year 2024
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The meeting confirmed a quorum and saw all board nominees elected. Key proposals—including increasing authorized shares, amending the equity plan, ratifying auditors, and approving executive compensation—were all adopted by majority vote. Final results will be filed in a Form 8-K.