secwatch.observer — SEC 8-K summary
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Issuer:     CaliberCos Inc. (CWD)
CIK:        0001627282
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001627282-25-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CaliberCos approves 1-for-20 reverse stock split effective May 2, 2025
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- Reverse stock split at 1-for-20 ratio approved by stockholders and board; effective May 2, 2025.
- Outstanding Class A shares reduced from ~18.6M to ~928,715; Class B from ~7.4M to ~370,821.
- Fractional shares rounded up to next whole share; no change in proportional ownership or voting rights.
- Stockholders also approved potential share issuance under ELOC and senior secured note with Mast Hill, L.P.
- Ticker CWD unchanged; split-adjusted trading begins May 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000048/0001627282-25-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627282/000162728225000048/cwd-20250421.htm
  HTML page:      https://secwatch.observer/filing/0001627282-25-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer