CWD News

Two small deals priced this past week, neither of which were eligible for inclusion in our IPO stats, while one issuer delayed to the week ahead (AZTR). The week’s news was driven by Cummins spin-off Atmus Filtration (ATMU), which launched its $275 million IPO, and restaurant chain CAVA Group (CAVA), which filed to raise $100 million. ...read more

CaliberCos, a middle-market asset manager focused on real estate in the Southwest US, raised $4.8 million by offering 1.2 million shares at $4, below the proposed price of $5. The company offered 0.4 million more shares than anticipated. It originally planned to offer 1.6 million shares at a range of $5 to $6, but had revised the terms several times since filing last September. ...read more

CaliberCos, a middle-market asset manager focused on real estate in the Southwest US, lowered the proposed deal size for its upcoming IPO on Wednesday. The Scottsdale, AZ-based company now plans to raise $4 million by offering 0.8 million shares at a proposed price of $5. The company had most recently filed to offer 1.2 million shares at the same price. At the midpoint of the...read more

CaliberCos, a middle-market asset manager focused on real estate and other alternatives, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed financials for the year ended December 31, 2022, and removed Revere Securities as its lead left bookrunner. The Scottsdale, AZ-based company now plans to raise $6 million by...read more