Limoneira CO 8-K

What Happened
Limoneira Company (through its subsidiary Windfall Investors, LLC) announced on June 15, 2026 that Peak Holdings, LLC terminated the Purchase and Sale Agreement dated April 14, 2026. Under that agreement Limoneira had agreed to sell an 80% undivided tenant‑in‑common interest in certain real estate parcels in Paso Robles, California. Peak Holdings deposited $500,000 in escrow, which will be returned to Peak pursuant to its termination right during the due diligence review period.

Key Details

• Purchase Agreement date: April 14, 2026; termination notice received: June 15, 2026.
• Asset: 80% undivided tenant‑in‑common interest in Limoneira real estate parcels in Paso Robles, CA.
• Escrow: $500,000 cash deposited by Peak Holdings will be returned under the agreement’s due diligence termination provision (Section 5.5).
• Report filed on Form 8-K (accession 0001104659-26-075714) discloses termination; no other financial statement changes disclosed in this filing.

Why It Matters
The announced termination means the contemplated sale and associated cash proceeds will not occur as planned, and Limoneira will retain ownership of the Paso Robles parcels. The immediate cash impact noted in the filing is the return of the $500,000 escrow to Peak Holdings. Investors should note this affects the company’s real estate disposition plans but the filing does not disclose further financial details or future steps.