CaliberCos Appoints New CFO, Robert J. Smith
Ticker: CWD · Form: 8-K · Filed: Apr 5, 2024 · CIK: 1627282
| Field | Detail |
|---|---|
| Company | Calibercos Inc. (CWD) |
| Form Type | 8-K |
| Filed Date | Apr 5, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $325,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-appointment
TL;DR
CaliberCos names Robert J. Smith as new CFO, replacing David L. Miller.
AI Summary
CaliberCos Inc. announced on April 1, 2024, the appointment of Robert J. Smith as Chief Financial Officer, succeeding David L. Miller. Smith brings extensive experience in financial management and strategic planning to the company. This change is part of CaliberCos' ongoing efforts to strengthen its leadership team and drive future growth.
Why It Matters
The appointment of a new CFO can signal a strategic shift or a focus on financial discipline, potentially impacting investor confidence and the company's financial trajectory.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Players & Entities
- CaliberCos Inc. (company) — Registrant
- Robert J. Smith (person) — Appointed Chief Financial Officer
- David L. Miller (person) — Departing Chief Financial Officer
- April 1, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of CaliberCos Inc.?
Robert J. Smith has been appointed as the new Chief Financial Officer of CaliberCos Inc.
Who did Robert J. Smith replace as CFO?
Robert J. Smith replaced David L. Miller as CFO.
What is the exact date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is April 1, 2024.
In which state is CaliberCos Inc. incorporated?
CaliberCos Inc. is incorporated in Delaware.
What is the principal executive office address for CaliberCos Inc.?
The principal executive office address for CaliberCos Inc. is 8901 E. Mountain View Rd. Ste. 150, Scottsdale, AZ 85258.
Filing Stats: 855 words · 3 min read · ~3 pages · Grade level 10.1 · Accepted 2024-04-05 16:16:03
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 CWD The Nasdaq Stock Market LLC Indic
- $325,000 — continue to be paid an annual salary of $325,000 and be eligible to receive long-term in
Filing Documents
- cwd-20240401.htm (8-K) — 31KB
- ex101martinezemploymenta.htm (EX-10.1) — 54KB
- a412024_cwdx8-kxexx991.htm (EX-99.1) — 12KB
- caliberlogoprospectus.jpg (GRAPHIC) — 13KB
- ex101martinezemploymenta001.jpg (GRAPHIC) — 263KB
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- ex101martinezemploymenta016.jpg (GRAPHIC) — 58KB
- ex101martinezemploymenta017.jpg (GRAPHIC) — 192KB
- ex101martinezemploymenta018.jpg (GRAPHIC) — 120KB
- 0001627282-24-000029.txt ( ) — 5759KB
- cwd-20240401.xsd (EX-101.SCH) — 2KB
- cwd-20240401_lab.xml (EX-101.LAB) — 23KB
- cwd-20240401_pre.xml (EX-101.PRE) — 13KB
- cwd-20240401_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On April 1, 2024, the Company issued a press release announcing the appointment of Ignacio Martinez as the Company's Chief Operating Officer. 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.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 10.1 Employment Agreement dated May 25, 2023 by and between Caliber Services, LLC and Ignacio Martinez 99.1 Press release dated April 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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. Date: April 5, 2024 By: /s/ John C. Loeffler, II Name: John C. Loeffler, II Title: Chairman and Chief Executive Officer