Caliber Series AA Cumulative Redeemable Preferred Stock is a public, SEC-qualified Regulation A+ offering issued by CaliberCos Inc. and designed to provide investors with access to a fixed-income-oriented security backed by Caliber’s operating platform. The offering was structured as a non-traded preferred equity security, eligible for investment by both accredited and non-accredited investors, and distributed through a national selling group of broker-dealers.
The Series AA offering reflects Caliber’s broader capital markets strategy to strengthen its balance sheet and support platform growth while broadening investor access through a registered public structure. The offering was conducted pursuant to an SEC-qualified offering circular and supported by comprehensive sales materials approved for use with financial professionals.
TOBIN & Company Securities LLC participated in the offering as a Selling Group Member. In this capacity, TOBIN supported investor distribution while holding the FINRA licenses for Caliber-affiliated registered representatives who are employees of the issuer. TOBIN provided ongoing broker-dealer supervision, education, and compliance support to these representatives as they engaged with retail investors.
In addition to supporting retail activity, TOBIN worked alongside Caliber’s internal wholesale representatives responsible for coordinating distribution across the broader selling group. TOBIN’s role included executing selling group agreements, facilitating access to approved offering materials, and supporting operational execution in a manner consistent with the requirements of a public Reg A+ offering.
This engagement highlights TOBIN’s flexibility in serving clients not only as Managing Broker-Dealer, but also as a Selling Group Member when appropriate. TOBIN’s operationally generous, high-touch approach allows the firm to support issuers, registered representatives, and distribution partners while maintaining clear role definition and rigorous regulatory standards.
