Caliber, a Nasdaq-listed real estate asset manager, witnessed a dramatic 77% stock surge after announcing a pivot to Chainlink for its digital asset treasury. The board approved a strategy to allocate company funds toward acquiring LINK tokens while also establishing a crypto advisory board to guide management on digital asset policies and initiatives.
The rally came even as Nasdaq flagged the firm for failing to comply with listing rules, which require at least $2.5 million in shareholder equity. Caliber disclosed a $17.6 million equity deficit in its last SEC filing. The company now has 45 days to present a plan and up to 180 days to cure the deficiency.
Investors appeared to welcome the crypto move as a bold step that could both stabilize finances and align the firm with blockchain innovation. If successful, the Chainlink treasury could help restore compliance and safeguard Caliber’s position as a publicly traded company.
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