Highest-materiality recent filing
Callan JMB to acquire Reger Oil's Williston assets for $12M; Reger to join board
Callan Power LLC will acquire Reger Oil's Williston Basin leases, minerals, equipment, and contracts for $10M Series A preferred stock plus $2M cash.
Callan JMB expands equity line to $75M from $25M; terms at 95%/90% of trading price
Amended purchase agreement raises available ELOC to $75M (up from $25M) through April 1, 2027.
Callan JMB receives Nasdaq delisting notice for bid price below $1.00
Nasdaq notified Callan JMB on June 29, 2026 that its common stock failed to meet the $1.00 minimum bid price for 30 consecutive business days.
Callan JMB receives Nasdaq delisting notice for insufficient stockholders' equity
Nasdaq notified Callan JMB it fails minimum $2.5M stockholders' equity requirement (Rule 5550(b)(1)).
Callan JMB reports FY 2025 revenue down 14% to $5.7M; operating loss widens to $7.0M
Revenue $5.7M vs $6.6M in 2024; gross profit $2.1M vs $2.6M.
Callan JMB amends Hexstone equity line: maturity extended, purchase price lowered to 95% of low
Maturity date extended to April 1, 2027.
Callan JMB Q3 revenue $1.4M, operating loss $1.9M; expands into food sampling and India
Revenue $1.4M Q3, $4.6M YTD; operating loss $1.9M Q3, $4.5M YTD.
Q2 2025 revenue $1.7M, down YoY; H1 revenue $3.1M; gross profit $0.6M and $1.3M respectively.
Callan JMB secures $25M equity line-of-credit with single investor at 95% of VWAP
Entered Purchase Agreement effective July 24, 2025, for up to $25 million in common stock sales over 18 months.
Callan JMB Q1 net loss $1.2M, revenue $1.45M; CFO Appleman terminated for cause
Revenue $1.45M, down due to lower emergency preparedness demand; gross margin 42.5%.
Callan JMB completes IPO of 1.44M shares at $4.00, net $4.73M; adds 3 directors
IPO of 1,280,000 shares at $4.00/share for gross $5.12M; partial over-allotment of 163,569 shares, total 1,443,569 shares issued.
On June 5, 2026, Eric Kash resigned from his position as Executive Vice President of Callan JMB Inc. (the “Company”), and from his position as a member of the Board of Directors of the Company, including any committee positions, effective as of June 5, 2026.
Effective as of May 13, 2025, the Company terminated Chief Financial Officer, Jeffrey A. Appleman, effective immediately.
On May 14, 2025, Shannon Badger, age 41, was appointed and named as the interim Chief Financial Officer of the Company, effective immediately.
On February 4, 2025, the Company appointed three directors (the “New Directors”) to its board of directors (the “Board of Directors”). The New Directors are Liberty Duke, Mark Meller and Gerald Dial.
On February 4, 2025, the Company appointed three directors (the “New Directors”) to its board of directors (the “Board of Directors”). The New Directors are Liberty Duke, Mark Meller and Gerald Dial.
On February 4, 2025, the Company appointed three directors (the “New Directors”) to its board of directors (the “Board of Directors”). The New Directors are Liberty Duke, Mark Meller and Gerald Dial.
Max materiality 0.80 · Median 0.60 · Most common event other_material