Caliber Announces Closing of Initial Public Offering and NASDAQ Listing

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May 19, 2023

CaliberCos+Inc. (“Caliber”), a vertically integrated alternative asset manager, today announced the closing of its upsized initial public offering (“IPO”) of 1,200,000 shares of its Class A common stock (the “Common Stock”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $4.8 million before deducting underwriting discounts, commissions, and other offering expenses.