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( Mark One ) ✓ ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D. C. 20549 FORM 10 - Q Quarterly Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 for the quarterly period ended September 30 , 2021 OR Transition Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 for the transition period from ...... to ....... COMMISSION FILE NUMBER 0-12114 CADIZ INC . ( Exact name of registrant specified in its charter ) Delaware ( State or other jurisdiction of incorporation or organization ) 550 South Hope Street , Suite 2850 Los Angeles , California ( Address of principal executive offices ) 77-0313235 ( I.R.S. Employer Identification No. ) 90071 ( Zip Code ) Registrant's telephone number , including area code : ( 213 ) 271-1600 Title of each class Securities Registered Pursuant to Section 12 ( b ) of the Act : Common Stock , par value $ 0.01 per share Depositary Shares ( each representing a 1 / 1000th fractional interest in share of 8.875 % Series A Cumulative Perpetual Preferred Stock , par value $ 0.01 per share ) Trading Symbol ( s ) CDZI CDZIP Name of each exchange on which registered The NASDAQ Global Market The NASDAQ Global Market Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes ✓ No ◎ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes ☑ No ☐ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer " , " smaller reporting company , ” and “ emerging growth company " in Rule 12b - 2 of the Exchange Act : ☐ Large accelerated filer ☐ Accelerated filer ▾ Non - accelerated filer Smaller Reporting Company ☐ Emerging growth company If an emerging growth company , indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . ☐ Indicate by check mark whether the Registrant is a shell company ( as defined in Exchange Act Rule 12b - 2 ) . Yes □ As of November 5 , 2021 , the Registrant had 43,656,169 shares of common stock , par value $ 0.01 per share , outstanding . No ☑