Caliber Raises $15.9 Million via Series B Convertible Preferred Stock Sale

Caliber has entered into a securities purchase agreement with institutional investors to raise $15.9 million by issuing Series B convertible preferred stock. The stock can be converted into common shares at $250 per share, with no voting rights or dividends. Additionally, the company has filed a supplemental SEC registration for an ATM program with an initial $10.3 million capacity. Proceeds will support Caliber's Digital Asset Treasury strategy, including the acquisition of Chainlink (LINK) tokens.

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