Limoneira to sell 80% of Paso Robles vineyard for $16M, records $9.3M impairment

Filed April 20, 2026 · Period ending April 14, 2026 · ~1 min read

Key Changes

• high

  Subsidiary agreed to sell 80% interest in 724-acre Paso Robles property with grape vines and infrastructure for $16M ($10M cash at close, $6M seller-financed note secured by deed of trust)

  Item 1.01 verify on EDGAR →
• high

  Company will record approximately $9.3M non-cash impairment charge on property, plant and equipment in Q2 fiscal 2026 related to the sale transaction

  Item 2.06 verify on EDGAR →
• medium

  Transaction subject to buyer due diligence through July 1, 2026; buyer can walk away before then and reclaim $500K deposit. After July 1, deposit becomes non-refundable and company receives $250K immediately

  Item 1.01 verify on EDGAR →