# EDGAR Filing Document

**Accession Number:** 0001627282
**File Stem:** 0001104659-25-101675
**Filing Date:** 2025-10
**Character Count:** 12346
**Document Hash:** ab40b94007a8b79648c6f938e5b41662
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-101675.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0001104659-25-101675

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251022

**ITEM INFORMATION**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CaliberCos Inc.
- **CENTRAL INDEX KEY:** 0001627282
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41703
- **FILM NUMBER:** 251411352

**BUSINESS ADDRESS:**
- **STREET 1:** 8901 E. MOUNTAIN VIEW RD.
- **STREET 2:** SUITE 150
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258
- **BUSINESS PHONE:** 480-295-7600

**MAIL ADDRESS:**
- **STREET 1:** 8901 E. MOUNTAIN VIEW RD.
- **STREET 2:** SUITE 150
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85258

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CaliberCo Inc.
- **DATE OF NAME CHANGE:** 20141205

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

Date of report (Date of earliest event reported):

October 22, 2025

**<u>CALIBERCOS INC.</u>**

(Exact Name of Registrant as Specified in Its Charter)

**Delaware**

(State or Other Jurisdiction of Incorporation)

---

| | |
|:---|:---|
| **001-41703** | **47-2426901** |
| (Commission File Number) | (IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **8901 E. Mountain View Rd. Ste. 150, Scottsdale, AZ** | **85258** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**(480) 295-7600**

(Registrant's Telephone Number, Including Area Code)

**N/A**

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

---

| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbols** | **Name of each exchange on which registered** |
| Class A Common Stock, par value $0.001 | CWD | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.**

As previously disclosed on that certain Current Report on Form 8-K as filed with the Securities and Exchange Commission on August 27, 2025 (the "Original 8-K"), on August 27, 2025, CaliberCos Inc. (the "Company") received a notification letter (the "Notice") from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that its amount of stockholders' equity had fallen below the $2,500,000 required minimum for continued listing set forth in Nasdaq Listing Rule 5550(b)(1).

As noted in the Original 8-K, the Company had 45 days from the date of the Notice to provide Nasdaq with a specific plan to achieve and sustain compliance, which the Company has done. The Company is filing this Current Report on Form 8-K (this "Report") to provide an update to its compliance with continued listing requirements as set forth in Nasdaq Listing Rule 5550(b)(1).

As a result of various transactions entered into by the Company since September 30, 2025, including without limitation various equity offerings and debt conversions, the Company believes that as of the date of this Report, stockholders' equity exceeds $2.5 million and that it has regained compliance with the minimum $2.5 million stockholders' equity requirement for continued listing. The Company estimates that as of September 30, 2025, stockholders' equity is between $4.5 million and $6.0 million.

NASDAQ will continue to monitor the Company's ongoing compliance with the minimum stockholders' equity requirement and, if at the time of its next periodic report for the quarter ended September 30, 2025 the Company does not evidence compliance with the minimum stockholders' equity requirement, the Company may be subject to delisting. At that time, NASDAQ Staff will provide written notification to the Company, which it may then appeal Staff's determination to a Hearings Panel. There can be no assurance that the Company will be able to maintain compliance with the minimum stockholders' equity requirement.

**Item 7.01. Regulation FD Disclosure.**

On October 23, 2025, the Company issued a press release announcing that it believes that as of October 22, 2025, it has regained compliance with the Nasdaq Capital Market's stockholders' equity requirement under Listing Rule 5550(b)(1). A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is hereby furnished pursuant to this Item 7.01.

*The information disclosed under this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.*

**Item 9.01. Financial Statements and Exhibits.**

(d)Exhibits

---

| | |
|:---|:---|
| **Exhibit**<br> **No.** | **Exhibit** |
| [99.1](tm2529321d1_ex99-1.htm) | [Press release dated October 23, 2025](tm2529321d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **CaliberCos Inc.** | **CaliberCos Inc.** |
| October 23, 2025 |  |  |
|  | By: | */s/ John C. Loeffler, II* |
|  | Name: | John C. Loeffler, II |
|  | Title: | Chairman and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](tm2529321d1_ex99-1img001.jpg)

**Company Reports Estimated Stockholders' Equity Between $4.5 Million and $6.0 Million as of September 30, 2025**

**Company believes that as of October 22, 2025 stockholders' equity exceeds the $2.5 million minimum for Nasdaq continued listing**

SCOTTSDALE, Ariz., Oct. 23, 2025 – CaliberCos Inc. (NASDAQ: CWD), a diversified real estate and digital asset management platform, today announced that it believes that as of October 22, 2025, it has regained compliance with the Nasdaq Capital Market's stockholders' equity requirement under Listing Rule 5550(b)(1). Based on preliminary, unaudited results, Caliber estimates its stockholders' equity as of September 30, 2025 to be between $4.5 million and $6.0 million, well above the minimum requirement.

The Company expects to receive formal notice from Nasdaq stating that Caliber has regained compliance with Nasdaq's Listing Rule 5550(b)(1). Nasdaq will continue to monitor the Company's ongoing compliance with the minimum stockholders' equity requirement and, if at the time of its next periodic report for the quarter ended September 30, 2025, the Company does not evidence compliance with the minimum stockholders' equity requirement, the Company may be subject to delisting. At that time, Nasdaq Staff will provide written notification to the Company, which it may then appeal Staff's determination to a Hearings Panel. There can be no assurance that the Company will be able to maintain compliance with the minimum stockholders' equity requirement.

"Over the past 90 days, we've executed a number of initiatives to strengthen our balance sheet—reducing debt, increasing equity, and building momentum in our Digital Asset Treasury and private real estate platforms" said Chris Loeffler, Chief Executive Officer of Caliber. "This achievement reflects our disciplined approach to capital management and positions us for consistent, profitable growth."

Caliber expects to file its Form 10-Q on November 13, 2025, which will include complete financial results for the third quarter.

This milestone follows Caliber's recent announcement of its Digital Asset Treasury (DAT) strategy anchored in LINK, the token associated with Chainlink. This key initiative has contributed meaningfully to improving the Company's equity base and long-term potential.

"Regaining compliance is another important step in Caliber's continued transformation," Loeffler added. "Our shareholders can have confidence that we remain focused on building value across our core businesses—executing our LINK DAT strategy and generating planned profitability in our private equity real estate platform."

**About Caliber (CaliberCos Inc.)**

Caliber (Nasdaq: CWD) is an alternative asset manager with over $2.9 billion in Managed Assets and a 16-year track record in private equity real estate investing across hospitality, multi-family, and industrial real estate. In 2025, Caliber became the first U.S. public real estate platform to launch a Digital Asset Treasury strategy anchored in LINK, the token associated with Chainlink. This initiative bridges real and digital asset investing through an equity-funded, disciplined approach that includes staking for yield. Investors can participate via Caliber's publicly traded equity (Nasdaq: <u>CWD</u>) and private real estate <u>funds</u>.

**Forward-Looking Statements**

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the final prospectus related to the Company's public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

**Contacts:**

**Caliber Investor Relations**

Ilya Grozovsky

+1 480-214-1915

<u>Ilya@CaliberCo.com</u>