Page 1 of 8
CUSIP No. |
127537207 |
Page | 2 |
of | 8 |
1 | NAMES OF REPORTING PERSONS Bedford Oak Partners, L.P. 06-1504646 |
||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
5 | SOLE VOTING POWER | ||||
NUMBER OF | 0 | ||||
SHARES | 6 | SHARED VOTING POWER | |||
BENEFICIALLY | |||||
OWNED BY | 804,546 (see Item 4) | ||||
EACH | 7 | SOLE DISPOSITIVE POWER | |||
REPORTING | |||||
PERSON | 0 | ||||
WITH: | 8 | SHARED DISPOSITIVE POWER | |||
804,546 (see Item 4) | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
804,546 (see Item 4) | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||
o | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
6.76% (see Item 4) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||
PN |
Page 2 of 8 Pages
CUSIP No. |
127537207 |
Page | 3 |
of | 8 |
1 | NAMES OF REPORTING PERSONS Bedford Oak Advisors, LLC 13-4007124 |
||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
5 | SOLE VOTING POWER | ||||
NUMBER OF | 0 | ||||
SHARES | 6 | SHARED VOTING POWER | |||
BENEFICIALLY | |||||
OWNED BY | 991,046 (see Item 4) | ||||
EACH | 7 | SOLE DISPOSITIVE POWER | |||
REPORTING | |||||
PERSON | 0 | ||||
WITH: | 8 | SHARED DISPOSITIVE POWER | |||
991,046 (see Item 4) | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
991,046 (see Item 4) | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||
o | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
8.33% (see Item 4) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||
00 |
Page 3 of 8 Pages
CUSIP No. |
127537207 |
Page | 4 |
of | 8 |
1 | NAMES OF REPORTING PERSONS Harvey P. Eisen |
||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) |
||||
(a) o | |||||
(b) þ | |||||
3 | SEC USE ONLY | ||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
United States | |||||
5 | SOLE VOTING POWER | ||||
NUMBER OF | 0 | ||||
SHARES | 6 | SHARED VOTING POWER | |||
BENEFICIALLY | |||||
OWNED BY | 991,046 (see Item 4) | ||||
EACH | 7 | SOLE DISPOSITIVE POWER | |||
REPORTING | |||||
PERSON | 0 | ||||
WITH: | 8 | SHARED DISPOSITIVE POWER | |||
991,046 (see Item 4) | |||||
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
991,046 (see Item 4) | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | ||||
o | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | ||||
8.33% (see Item 4) | |||||
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | ||||
IN |
Page 4 of 8 Pages
Item 1(a)
|
Name of Issuer: | |
Cadiz Inc. (the Company) | ||
Item 1(b)
|
Address of Issuers Principal Executive Offices: | |
777 S. Figueroa Street, Suite 4250 | ||
Los Angeles, California 90017 | ||
Items 2(a) and 2(b)
|
Name of Person Filing and Business Office: | |
This statement is filed by: (i) Bedford Oak Partners, LP (BOP), (ii) Bedford Oak Advisors, LLC (BOA) and (iii) Harvey P. Eisen, in his capacity as managing member of BOA. The principal business address of each reporting person is 100 South Bedford Road, Mt. Kisco, New York 10549. | ||
Capital, the Investment Manager and Harvey P. Eisen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended. | ||
Item 2(c)
|
Citizenship: | |
BOP is a Delaware limited partnership. | ||
BOA is a Delaware limited liability company. | ||
Mr. Eisen is a United States citizen. | ||
Item 2(d)
|
Title of Class of Securities: | |
Common Stock, par value $0.01 per share (Common Stock) | ||
Item 2(e)
|
CUSIP Number: | |
127537207 | ||
Item 3
|
Not Applicable | |
Item 4
|
Ownership: | |
The percentages used herein are calculated based upon 11,903,611 shares of Common Stock issued and outstanding as of November 1, 2007, as disclosed by the Company in its quarterly report filed on Form 10-Q for the period ending September 30, 2007. |
Page 5 of 8 Pages
As of the close of business on December 31, 2007: | ||
1. Bedford Oak Partners, LP | ||
(a) Amount beneficially owned: -804,546- | ||
(b) Percent of class: 6.76% | ||
(c)(i) Sole power to vote or direct the vote: -0- | ||
(ii) Shared power to vote or direct the vote: -804,546- | ||
(iii) Sole power to dispose or direct the disposition: -0- | ||
(iv) Shared power to dispose or direct the disposition: -804,546- | ||
2. Bedford Oak Advisors, LLC | ||
(a) Amount beneficially owned: -991,046- | ||
(b) Percent of class: 8.33% | ||
(c)(i) Sole power to vote or direct the vote: -0- | ||
(ii) Shared power to vote or direct the vote: -991,046- | ||
(iii) Sole power to dispose or direct the disposition: -0- | ||
(iv) Shared power to dispose or direct the disposition: -991,046- | ||
3. Harvey P. Eisen | ||
(a) Amount beneficially owned: -991,046- | ||
(b) Percent of class: 8.33% | ||
(c)(i) Sole power to vote or direct the vote: -0- | ||
(ii) Shared power to vote or direct the vote: -991,046- | ||
(iii) Sole power to dispose or direct the disposition: -0- | ||
(iv) Shared power to dispose or direct the disposition: -991,046- | ||
BOA controls 991,046 shares of Common Stock in its capacity as the investment manager of BOP, which owns 804,546 shares of Common Stock. Harvey P. Eisen controls 991,046 shares of Common Stock in his capacity as the managing member of BOA. | ||
Item 5
|
Ownership of Five Percent or Less of a Class: | |
Not Applicable | ||
Item 6
|
Ownership of More than Five Percent on Behalf of Another Person: | |
Not Applicable | ||
Item 7
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: | |
Not Applicable | ||
Item 8
|
Identification and Classification of Members of the Group: | |
Not Applicable |
Page 6 of 8 Pages
Item 9
|
Notice of Dissolution of Group: | |
Not Applicable | ||
Item 10
|
Certification: |
Page 7 of 8 Pages
Dated: February 14, 2008 | ||||
BEDFORD OAK PARTNERS, L.P. | ||||
By:
|
Bedford Oak Management, LLC, its General Partner | |||
By:
|
/s/ Harvey P. Eisen | |||
Name:
|
Harvey P. Eisen | |||
Title:
|
Chairman and Managing Member | |||
BEDFORD OAK ADVISORS, LLC | ||||
By:
|
/s/ Harvey P. Eisen | |||
Name:
|
Harvey P. Eisen | |||
Title:
|
Chairman and Managing Member | |||
HARVEY P. EISEN | ||||
/s/ Harvey P. Eisen | ||||
Page 8 of 8 Pages
Exhibit 99.1: | Joint Filing Agreement, dated February 14, 2008, by and among Bedford Oak Partners, L.P., Bedford Oak Advisors, LLC and Harvey P. Eisen. |