AI brief of an SEC Form 8-K · MAUI LAND & PINEAPPLE CO INC (MLP)

Maui Land & Pineapple agrees to sell Kapalua land parcel for $10 million plus extras

Neutral Impact 3 of 5 m&a Written later

On May 27, 2026, Maui Land & Pineapple agreed to sell 8.783 acres in Kapalua, Maui, to DC Kapalua 1 Property, LLC, with an option on up to 3.5 acres of adjacent land. The deal also includes a trademark license, a master lease of new street-front retail space in Kapalua Village, and amenity access for Kapalua Club members. The sale is subject to a 90-day due diligence period and to governmental approvals, and either party may terminate if those approvals are not secured.

Key points

  • Base price is $10,000,000 for Lot 2-D (8.783 acres).
  • Additional land costs $1,138,565 per acre, for up to 3.5 acres.
  • Buyer has a 90-day due diligence period, after which it must deliver an Acceptance Notice; deposits are refunded if the buyer terminates or fails to deliver the notice.
  • The full agreement will be filed as an exhibit to the Form 10-Q on or before August 14, 2026.

The filing

CompanyMAUI LAND & PINEAPPLE CO INC (MLP)
Form8-K, current report
Filed with the SECJun 2, 2026, 4:36 PM ET
Accession number0001437749-26-019176

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.