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.
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
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
Investment Themes
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 | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | SC 13G/A | $14.70 | awaiting T+60 | — | $14.27 (−2.93%) |
Aug 14, 2026 10w ago | Press Release | $15.98 | awaiting T+60 | — | $14.27 (−10.70%) |
Jun 9, 2026 19w ago | Press Release | $17.73 $16.44 | ▼ −7.28% | ▼ −13.86% | $14.27 (−19.51%) |
Jun 9, 2026 19w ago | 8-K | $17.73 $16.44 | ▼ −7.28% | ▼ −13.86% | $14.27 (−19.51%) |
Jun 2, 2026 20w ago | 8-K | $16.70 $15.84 | ▼ −5.15% | ▼ −7.65% | $14.27 (−14.55%) |
May 15, 2026 23w ago | 8-K | $14.97 $15.95 | ▼ −6.55% | ▼ −1.70% | $14.27 (+4.68%) |
May 15, 2026 23w ago | Press Release | $14.97 $15.95 | ▼ −6.55% | ▼ −1.70% | $14.27 (+4.68%) |
Apr 1, 2026 29w ago | Press Release | $16.10 $18.13 | ▲ +12.61% | ▼ −0.77% | $14.27 (−11.37%) |
US Market Status
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