MLP MAUI LAND & PINEAPPLE CO INC
Price Chart
Executive Summary
Maui Land & Pineapple Company entered into a Purchase and Sale Agreement to sell 8.783 acres (Lot 2-D) plus up to 3.5 adjacent acres in Kapalua, Maui to DC Kapalua 1 Property, LLC for $10,000,000 plus $1,138,565 per acre for additional land. The deal includes a 90-day due diligence period, contingent on buyer securing governmental approvals, and also provides for trademark licensing, a master lease of retail space, and amenity access for Kapalua Club members.
Key Financial Metrics
Actionable Insight
The sale is contingent on buyer's due diligence and governmental approvals, creating binary outcome risk. Monitor for Acceptance Notice within ~90 days (by late August 2026) and subsequent approval milestones. If approvals are secured, the cash infusion (~$10-14M vs $329M market cap) is modest but non-dilutive. If the deal falls through, no material downside beyond opportunity cost.
Key Facts
- Purchase price: $10,000,000 for Lot 2-D (8.783 acres) plus $1,138,565 per acre for up to 3.5 additional acres
- Buyer: DC Kapalua 1 Property, LLC
- 90-day due diligence period; buyer must deliver Acceptance Notice before expiry
- Closing contingent on buyer securing all required governmental approvals; either party may terminate if approvals not obtained
- Earnest money deposits become nonrefundable over time after Acceptance Date; fully refundable if buyer terminates during due diligence
- Agreement includes non-exclusive trademark license, master lease of retail space to MLP, and amenity access for Kapalua Club members
Financial Impact
Base consideration of $10M for Lot 2-D plus up to ~$3.98M for 3.5 additional acres ($1,138,565/acre), total up to ~$13.98M before closing adjustments
Risk Factors
- Buyer may fail to deliver Acceptance Notice within 90-day due diligence period, terminating the deal
- Governmental approvals for planned development may not be secured, allowing either party to terminate
- Total consideration (~$14M max) is small relative to $329M market cap, limiting upside catalyst
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-019176 |
| Document: 0001437749-26-019176-index-headers.html | 0001437749-26-019176 |
| Document: 0001437749-26-019176-index.html | 0001437749-26-019176 |
| Document: 0001437749-26-019176.txt | 0001437749-26-019176 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
Press Release
| $17.86 awaiting T+1 | awaiting T+1 | — | $18.28 (+2.35%) |
|
Jun 9, 2026
5d ago
|
8-K
| $17.86 awaiting T+1 | awaiting T+1 | — | $18.28 (+2.35%) |
|
Jun 2, 2026
12d ago
|
8-K
| $16.70 $17.35 | ▲ +3.89% | ▲ +3.49% | $18.28 (+9.46%) |
|
May 15, 2026
4w ago
|
8-K
| $14.97 $17.13 | ▼ −14.43% | ▼ −15.08% | $18.28 (−22.11%) |
|
May 15, 2026
4w ago
|
Press Release
| $14.97 $17.13 | ▼ −14.43% | ▼ −15.08% | $18.28 (−22.11%) |
|
Apr 1, 2026
10w ago
|
Press Release
| $16.10 $16.01 | ▼ −0.56% | ▼ −0.64% | $18.28 (+13.54%) |
US Market Status
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