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Caliber Regains Compliance with Nasdaq Minimum Bid Price Requirement
CWDCaliber(CWD) GlobeNewswire·2025-05-16 21:15

Core Viewpoint - Caliber has regained compliance with Nasdaq Listing Rule 5550(a)(2) by maintaining a minimum bid price of 1.00persharefortherequiredperiod,thusresolvingthepreviousnoncomplianceissue[1][2].CompanyOverviewCaliber(CaliberCosInc.)managesover1.00 per share for the required period, thus resolving the previous non-compliance issue [1][2]. Company Overview - Caliber (CaliberCos Inc.) manages over 2.9 billion in assets and has a 16-year track record in real estate management and development, focusing on hospitality, multi-family residential, and multi-tenant industrial sectors [3]. - The company aims to generate profits in all market conditions and has a competitive advantage by investing in overlooked projects, strategies, and geographies [3]. - Caliber utilizes an in-house shared services group to enhance control over real estate and improve visibility into future investment opportunities [3]. Compliance Details - On May 14, 2024, Caliber was notified of non-compliance with Nasdaq due to its stock price falling below 1.00for30consecutivebusinessdays[2].TheComplianceNoticeconfirmedthatfromMay2,2025,toMay15,2025,theclosingbidpriceofCaliberscommonstockwas1.00 for 30 consecutive business days [2]. - The Compliance Notice confirmed that from May 2, 2025, to May 15, 2025, the closing bid price of Caliber's common stock was 1.00 or greater, leading to regained compliance [2].