---
title: "Callan JMB Expands Equity Purchase Facility to $75 Million, Updates Registration Rights"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296472696.md"
description: "Callan JMB Inc. expanded its equity line of credit to $75 million and updated registration rights via agreements effective August 18, 2026. The facility allows draw notices of $0.5–$2.0 million at market discounts with a $1.00 floor price, capped at 4.99% ownership, through April 1, 2027. A $250,000 termination fee applies if less than $7.5 million is sold. The registration rights agreement mandates an initial filing within 30 days, imposing penalties for missed deadlines."
datetime: "2026-08-20T10:13:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296472696.md)
  - [en](https://longbridge.com/en/news/296472696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296472696.md)
generator: "portal-rs"
---

# Callan JMB Expands Equity Purchase Facility to $75 Million, Updates Registration Rights

Callan JMB amended its equity financing arrangements, expanding its equity line of credit to $75 million and updating related registration rights. The amended purchase agreement permits $0.5–$2.0 million draw notices at discounts to market, subject to a $1.00 floor price, a 4.99% ownership cap, and a term through April 1, 2027 or until the full amount is purchased. It includes a potential $250,000 termination fee if less than $7.5 million is sold, subject to exceptions. A separate amended registration rights agreement requires filing an initial Registration Statement within 30 days and imposes 25,000-share penalties for missed filing or effectiveness deadlines.

**Agreement 1: Callan JMB Expands Equity Purchase Facility to $75 Million With Investor**

-   **Agreement type**: First Amended and Restated Equity Purchase Agreement (ELOC) up to $75 million
-   **Counterparty**: Investor
-   **Signed / Effective**: Aug 18 2026 / same
-   **Duration / Termination**: Through earlier of Apr 1 2027 or $75M purchased
-   **Reason**: Enhance liquidity and financing flexibility

**Agreement 2: Callan JMB Updates Registration Rights to Cover Expanded $75 Million Facility**

-   **Agreement type**: First Amended and Restated Registration Rights Agreement
-   **Counterparty**: Investor
-   **Signed / Effective**: Aug 18 2026 / same
-   **Duration / Termination**: At will
-   **Reason**: Enable resale registration for expanded facility

Original SEC Filing: CALLAN JMB INC. \[ CJMB \] - 8-K - Aug. 20, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**