Caliber converts $3.4 million corporate notes into equity under debt reduction program
PUBT · 04/14 11:15
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- Caliber completed second round of its noteholder conversion program, cutting corporate debt by about $3.4 million.
- Noteholders converted about $1.9 million of unsecured notes into Class A common stock.
- Another $1.5 million of notes converted into Series AAA convertible preferred stock.
- Total corporate debt reduction under program reached about $5.3 million since October 2025.
- Series AAA carries a 12% cumulative dividend, convertible into common shares in tranches priced at $2.5, $3.5, $4.5.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CaliberCos Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604140715PRIMZONEFULLFEED9689057) on April 14, 2026, and is solely responsible for the information contained therein.
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