CaliberCos Prices $900,000 Public Offering Of 2.4M Units At $0.375 Each, With Each Unit Including 1 Share Of Class A Common Stock And A Right To Acquire One-Fifth Of A Share; To Repay Debt And Fund General Corporate Purposes

CaliberCos Inc. (NASDAQ:CWD) ("Caliber" or the "Company"), a real estate investor, developer, and asset manager, today announced the pricing of its underwritten public offering of total units for gross proceeds of approximately $900,000, prior to deducting underwriting discounts and commissions and offering expenses.

The offering is comprised of 2,400,000 units, priced at a public offering price of $0.375 per unit, with each unit consisting of one share of Class A common stock and one right to acquire one-fifth (1/5th) of one share of Class A common stock.

Caliber intends to use the net proceeds from the Offering to repay debt and for working capital and general corporate purposes.

All of the securities are to be sold by Caliber. The offering is expected to close on or about April 21, 2025, subject to satisfaction of customary closing conditions.

Craft Capital Management, LLC acted as the sole book-running manager and underwriter for the offering.