secwatch.observer — SEC 8-K summary
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Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001627282-25-000007
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CaliberCos designates 800K shares of 9.5% Series AA Cumulative Redeemable Preferred Stock
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- 800,000 shares designated; $25 stated value per share; 9.5% cumulative monthly dividend payable in arrears.
- Ranks senior to Class A and Class B common; pari passu with existing Series A Preferred.
- Holders may request quarterly redemption (4% cap per quarter); board may suspend; redemption fees 10%-6% declining over 3 years.
- Company has optional redemption right; mandatory redemption on 3rd anniversary of issuance.
- No voting rights except on adverse amendments; conversion to Class A common at 3rd anniversary with company consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000007/0001627282-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000007/cwd-20250305.htm
  HTML page:      https://secwatch.observer/filing/0001627282-25-000007

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