S&W Seed Company (NasdaqCM:SANW) and Coast Imperial Partners acquired 182 acres of producing farmland in Imperial Valley from Imperial Morningstar Land LLC for $1.6 million on December 21, 2012. S&W Seed Company and Coast Imperial Partners paid $0.8 million each for 50% stake in the newly acquired acreage. S&W Seed and Coast Imperial deposited $100 million with the escrow agent. S&W Seed Company will use the additional acreage to further expand its production of alfalfa seed. The closing of the transaction is contingent upon the satisfaction of a feasibility condition with respect to the property's intended use and customary closing conditions. Robert Blum, Joe Dorame and Joe Diaz of Lytham Partners, LLC acted as the PR advisor for S&W Seed Company. Karen Hagen of First American Title Insurance Company acted as escrow agent in the deal. Tim Waters of Higgs Fletcher & Mack LLP acted as legal advisor for Imperial Morningstar. Ken Baumgartner of Kire Management Inc. acted as real estae advisor for Imperial Morningstar.

S&W Seed Company (NasdaqCM:SANW) and Coast Imperial Partners completed the acquisition of 182 acres of producing farmland in Imperial Valley from Imperial Morningstar Land LLC on December 31, 2012.