CaliberCos Inc. (CWD) has successfully priced its upsized initial public offering of 1.2 million shares of its Class A common stock at a public offering price of $4.00 per share. The offering is expected to close on or about May 19, 2023, and the shares are expected to begin trading on NASDAQ on May 17, 2023. The Company intends to use the net proceeds of the offering to increase its capitalization and financial flexibility, create a public market for its Class A common stock, and facilitate its future access to the capital markets. Spartan Capital Securities, LLC is the sole bookrunner for the offering. A registration statement on Form S-1 is filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on May 15, 2023. A final prospectus relating to this offering can be obtained from Spartan Capital Securities, LLC.
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