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CALLAN JMB INC.
Callan JMB Inc. has filed a post-effective amendment to its S-1 registration statement to register the resale of up to 6,000,000 shares of common stock under an Equity Line of Credit (ELOC) purchase agreement with Hexstone Capital. The company may raise up to $75,000,000 in aggregate gross proceeds through this agreement, and the filing serves to incorporate recent financial reports and contractual amendments.…more
CALLAN JMB INC.
Callan JMB Inc. terminated its Asset Purchase and Sale Agreement (APA) with The Pfanenstiel Company, effective October 16, 2026. The company concluded that due diligence was insufficient to proceed with the transaction, thereby eliminating the need for additional capital to fund the acquisition.…more
CALLAN JMB INC.
Callan JMB Inc. has received a delisting determination from Nasdaq due to failure to meet the minimum stockholders' equity requirement of $2.5 million. The company has requested a hearing before a Nasdaq Hearings Panel on October 14, 2026, which stays the delisting and suspension of trading pending the panel's decision.…more
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Callan JMB Sets Timeline for Alabama IV Bag Facility, Targeting $450M Annual Revenue…more
Callan JMB will break ground on its Alabama IV bag manufacturing facility by late October, with projections to generate $450 million in annual revenue once operational. The project is fully funded by a third party through a non-dilutive partnership, ensuring no equity dilution for shareholders.…more
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Callan JMB has signed a purchase order for approximately $28 million in pharmaceutical manufacturing equipment for its Atlas Complex in Alabama. The company has initiated the process with an initial $500,000 down payment.…more
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Callan JMB has received formal approval for the blueprints of a planned $16 million IV bag manufacturing facility in Alabama. This project aims to expand the company's production capacity, though the timeline for revenue impact remains to be seen.…more
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