Cadiz: The Mojave Groundwater Bank Takes A Financing Step Closer To Reality
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Pacifica Yield13.44K FollowersFollow5ShareSavePlay(6min)CommentsSummaryCadiz Inc. has raised $51 million for the first tranche of funding for its Mojave Groundwater Bank, and is chasing another $400 million in further financing from private equity.ATEC Water Systems saw year-over-year revenue growth of 42% with gross profit margins expanding to 50%.CDZI needs to raise more funds, with its cash position dropping to $4.4 million at the end of the third quarter against cash burn from operations of $7 million.The Series A Preferreds have rallied strongly this year, with their coupon currently driving a dividend yield of 11.3%. Gary Yeowell/DigitalVision via Getty Images While Cadiz Inc. (CDZI) has rallied heavily through most of 2025, the largest private landowner in the Mojave Desert still offers an uncertain timeline for the commercialization of its Mojave Groundwater Bank ("MGB"). However, the company isThis article was written byPacifica Yield13.44K FollowersFollowThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.