Caliber announces conversion of $15.9M preferred equity into 63,472 common shares

CaliberCos Inc.

Institutional investor converted 15,868 Series B Preferred shares at $1,000 each into common at $250/share.
Conversion removes ~$15.9M of preferred equity from capital structure, replaced with common equity.
Transaction reduces capital senior to common stock and streamlines Caliber's capital structure.
Conversion was previously disclosed in Caliber's March 25, 2026 Form 10-K.

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