Caliber Announces $3.4M In Debt Reduction As Part Of Current Round, With Reduction Of $5.3M Since October 2025
Benzinga Newsdesk 6 months ago
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The most recent round resulted in the conversion of approximately $1.9 million of unsecured corporate notes into shares of Caliber's Class A common stock in a voluntary conversion program elected by the individual
The most recent round resulted in the conversion of approximately $1.9 million of unsecured corporate notes into shares of Caliber's Class A common stock in a voluntary conversion program elected by the individual noteholders. In addition, approximately $1.5 million of notes were converted into Series AAA Convertible Preferred Stock ("AAA").