secwatch.observer — SEC 8-K summary
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Issuer:     CALLAN JMB INC. (CJMB)
CIK:        0002032545
Form:       8-K
Filed at:   2026-08-20T10:02:02+00:00
Accession:  0001493152-26-039329
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Callan JMB expands equity line to $75M from $25M; terms at 95%/90% of trading price
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- Amended purchase agreement raises available ELOC to $75M (up from $25M) through April 1, 2027.
- Regular purchases $500K-$2M per notice at 95% of lowest daily price (75% if delisted); floor price $1.00.
- Exemption purchases priced at 90% (80% if delisted); investor capped at 4.99% beneficial ownership.
- Termination fee of $250K if Company sells under $7.5M; amended registration rights require filing within 30 days.
- Failure to file/effect registration triggers issuance of 25,000 shares per missed deadline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2032545/000149315226039329/0001493152-26-039329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2032545/000149315226039329/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-039329

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