{"schema_version":"secwatch.filing_event.v1","accession":"0001627282-26-000070","form_type":"8-K","ticker":"CWD","cik":"0001627282","company_name":"CaliberCos Inc.","filed_at":"2026-09-14T22:30:23+00:00","discovered_at":"2026-09-15T10:05:00.866902+00:00","generated_at":"2026-09-15T10:05:36.724167+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Caliber restructures $12.6M notes: extends maturities, cuts interest, gains payoff option","bullets":["$12.6M notes restructured: $2.9M into 5-yr 6% amortizing notes, $0.6M into Series AAA convertible preferred, $9.1M payoff option at 80% (~$7.3M).","Program addresses ~$11.3M of $21.1M (54%) of notes maturing within 12 months; cuts annual interest +$1.3M if fully exercised.","New notes replace ~11.5% weighted avg rate with 6%, reducing interest expense ~73% over five years.","Series AAA preferred pays 12% non-cumulative dividend (cash or stock), convertible in tranches at $2.50/$3.50/$4.50.","If payoff option exercised in full, company expects ~$1.8M gain; funding sources not yet secured."],"urls":{"canonical":"https://secwatch.observer/filing/0001627282-26-000070","json":"https://secwatch.observer/filing/0001627282-26-000070.json","markdown":"https://secwatch.observer/filing/0001627282-26-000070.md","text":"https://secwatch.observer/filing/0001627282-26-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1627282/000162728226000070/0001627282-26-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1627282/000162728226000070/cwd-20260914.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-15T10:05:36.724167+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}