Callan JMB Inc., a Nevada-based corporation, has entered into a Purchase Agreement with an investor, granting the company the option to sell up to $25 million worth of its common stock. The agreement, effective from July 24, 2025, allows Callan JMB Inc. to issue purchase notices for amounts between $500,000 and $2,000,000, priced at a discount to the stock's volume-weighted average price. The contract is valid until 18 months after the commencement date or until the full investment amount is reached. Additionally, the company has agreed to issue 15,000 shares of its common stock as Commitment Shares to the investor. The investor's ownership is capped at 4.99% of the company's stock. Callan JMB Inc. is also required to file a registration statement for the resale of these shares within 30 days, with penalties in place for delays.
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