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CaliberCos Priced, Nasdaq: CWD

Middle-market asset manager focused on real estate in the Southwest US.

Industry: Financials

Latest Trade: $0.52 -0.02 (-3.3%)

First Day Return: +50.0%

Return from IPO: -86.6%

Industry: Financials

Caliber is a leading vertically integrated asset management firm whose primary goal is to enhance the wealth of investors seeking to make investments in middle-market assets. We strive to build wealth for our investor clients by creating, managing, and servicing proprietary products including middle-market investment funds, private syndications, and direct investments. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities. We earn asset management fees calculated as a percentage of managed capital in our Funds and Offerings. We market our services through direct sales to private investors, wholesaling to investment advisers, direct sales to family offices and institutions, and through in-house client services. We believe that we provide investors attractive risk-adjusted returns by offering a balance of (i) structured offerings and ease of ownership, (ii) a pipeline of investment opportunities, primarily projects that range in value between $5 million and $50 million, and (iii) an integrated execution and processing platform. Our investment strategy leverages the local market intelligence and real-time data we gain from our operations to evaluate current investments, generate proprietary transaction flow, and implement various asset management strategies.
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IPO Data
IPO File Date 09/29/2022
Offer Price $4.00
Price Range $5.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/16/2023
Offer Price $4.00
Price Range $5.00 - $5.00
Offer Shares (mm) 1.2
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Spartan Capital Securities
Company Data
Headquarters Scottsdale, AZ, United States
Founded 2009
Employees at IPO 74
Website www.caliberco.com

CaliberCos (CWD) Performance