[sheet: Cover]

Field	Value
FINRA Filing Number	20221129-01
Issuer Name	Calloway-Briggs Renewables Inc.
Issuer EIN	83-4027615
Issuer Jurisdiction of Incorporation	Delaware
Issuer Headquarters	4200 Ridgeline Parkway, Suite 1100, Austin, TX 78746
Proposed Ticker Symbol	CBRI
Proposed Exchange	New York Stock Exchange
SEC CIK Number	0001948372
Type of Offering	Initial Public Offering — Common Stock
Par Value per Share	$0.01
Filing Date	April 2022
Issuer's Counsel	Calderwood & Harkness LLP
Issuer's Counsel Contact	Jennifer Kwon, Responsible Partner
Issuer's Counsel Address	599 Lexington Avenue, New York, NY 10022
Underwriters' Counsel	Prescott, Danforth & Yee LLP
Underwriters' Counsel Contact	Margaret Yee, Partner
Underwriters' Counsel Address	1271 Avenue of the Americas, New York, NY 10020
Selling Stockholder's Counsel	Whitfield Archer & Doss LLP
Selling Stockholder's Counsel Contact	Philip Archer / Christine Navarro
Selling Stockholder's Counsel Address	51 West 52nd Street, New York, NY 10019
Independent Auditor	Ashford & Pemberton LLP
Auditor Contact	Gregory Sondheim, CPA, Lead Engagement Partner
C&H Matter Number	1015-00001
Status	Dormant — Offering Postponed June 17, 2022

[sheet: Schedule A — Offering Summary]

Item	Shares	Dollar Amount	Notes
Assumed Midpoint IPO Price per Share	$22.00	Filing-range midpoint
Base Offering — Total	23,713,636	$521,700,000	Base offering = $600M ÷ 1.15
Primary Shares (Company)	16,895,455	$371,700,000	$521.7M less $150M secondary
Secondary Shares (Pinnacle Vista Capital Partners III, LP)	6,818,182	$150,000,000	$150M ÷ $22.00
Overallotment Option (15% Greenshoe)	3,559,091	$78,300,000	15% × base offering
Total Offering (Full Exercise)	27,272,727	$600,000,000	Base + overallotment
Pre-IPO Shares Outstanding (Fully Diluted)	100,000,000	Post-reclassification
Post-IPO Shares Outstanding (Base, No Overallotment)	123,713,636	100M + 23,713,636
Post-IPO Shares Outstanding (Full Overallotment Exercise)	127,272,727	100M + 27,272,727
Pre-Money Equity Valuation	$2,200,000,000	100M shares × $22.00
Post-Money Equity Valuation (Base)	$2,721,700,000	123,713,636 × $22.00
Post-Money Equity Valuation (Full Exercise)	$2,800,000,000	127,272,727 × $22.00

[sheet: Schedule B — Underwriter Identi]

Underwriter	Role	Entity Type	Jurisdiction	Principal Office Address	SEC Registered Broker-Dealer	FINRA Member	Key Personnel
Hargrove Keating & Co.	Lead-Left Book-Running Manager; Coordinating Underwriter; Representative	Delaware corporation	Delaware	383 Madison Place, New York, NY 10017	Y	Y	Oliver Marchetti (MD, ECM); Sonia Tran (Dir., Power & Renewables IB); Daniel Furman (VP, ECM Syndicate)
Linden Pratt Securities LLC	Joint Book-Running Manager	Delaware LLC	Delaware	200 Vesey Street, 40th Floor, New York, NY 10281	Y	Y	Rebecca Innes (MD, ECM); James Alcorn (Dir., Clean Energy & Infrastructure)
Graymont Brothers Inc.	Joint Book-Running Manager	Delaware corporation	Delaware	555 California Street, Suite 3200, San Francisco, CA 94104	Y	Y	Kenneth Sato (MD, ECM); Lisa Trujillo (Dir., Utilities & Renewables)
Barfield Stuart & Co.	Co-Manager	Delaware corporation	Delaware	101 Federal Street, Boston, MA 02110	Y	Y
Crane Whitley Capital LLC	Co-Manager	Delaware LLC	Delaware	600 Travis Street, Suite 4400, Houston, TX 77002	Y	Y

[sheet: Schedule C — Underwriter Alloca]

Underwriter	Role	Allocation %	Number of Shares (Base Offering)	Dollar Amount (Base Offering)
Hargrove Keating & Co.	Lead-Left Book-Runner	40%	9,485,455	$208,680,000
Linden Pratt Securities LLC	Joint Book-Runner	25%	5,928,409	$130,425,000
Graymont Brothers Inc.	Joint Book-Runner	20%	4,742,727	$104,340,000
Barfield Stuart & Co.	Co-Manager	10%	2,371,364	$52,170,000
Crane Whitley Capital LLC	Co-Manager	5%	1,185,682	$26,085,000
TOTAL	100%	23,713,636	$521,700,000

[sheet: Schedule D — Underwriting Compe]

Compensation Element	Rate / Basis	Base Offering Amount	Overallotment Amount	Total (Full Exercise)	Notes
Gross Spread (Underwriting discount)	5.50% of public offering price	$28,693,500	$4,306,500	$33,000,000	$600,000,000 × 5.50%
Management Fee	20% of gross spread	$5,738,700	$861,300	$6,600,000	20% × $33,000,000
Underwriting Fee	20% of gross spread	$5,738,700	$861,300	$6,600,000	20% × $33,000,000
Selling Concession	60% of gross spread	$17,216,100	$2,583,900	$19,800,000	60% × $33,000,000
Underwriter Expense Reimbursement Cap	Capped amount	$350,000	FINRA-related expense cap
Total Underwriting Compensation (Gross Spread)	$28,693,500	$4,306,500	$33,000,000
Total Underwriting Compensation Including Expense Reimbursement	$33,350,000	Maximum including expense cap
Compensation as % of Offering Size (Full Exercise)	5.50%	Gross spread only; within FINRA guidelines
Total Compensation (incl. expenses) as % of Offering Size	5.56%	$33,350,000 ÷ $600,000,000
Per-Share Underwriting discount	$1.21 per share	$22.00 × 5.50% = $1.21
Net Proceeds to Company (Primary, Base)	$351,256,500	$371,700,000 − ($371,700,000 × 5.50%)
Net Proceeds to Selling Stockholder (Secondary)	$141,750,000	$150,000,000 − ($150,000,000 × 5.50%)
Public Offering Price to Company (Primary, Base)	$371,700,000	16,895,455 × $22.00
Public Offering Price to Selling Stockholder (Secondary)	$150,000,000	6,818,182 × $22.00

[sheet: Schedule E — Compensation by Un]

Underwriter	Allocation %	Management Fee Share	Underwriting Fee Share	Selling Concession Share	Total Compensation Share
Hargrove Keating & Co.	40%	$2,640,000	$2,640,000	$7,920,000	$13,200,000
Linden Pratt Securities LLC	25%	$1,650,000	$1,650,000	$4,950,000	$8,250,000
Graymont Brothers Inc.	20%	$1,320,000	$1,320,000	$3,960,000	$6,600,000
Barfield Stuart & Co.	10%	$660,000	$660,000	$1,980,000	$3,300,000
Crane Whitley Capital LLC	5%	$330,000	$330,000	$990,000	$1,650,000
TOTAL	100%	$6,600,000	$6,600,000	$19,800,000	$33,000,000

[sheet: Cover]
Field | Value
FINRA Filing Number | 20221129-01
Issuer Name | Calloway-Briggs Renewables Inc.
Issuer EIN | 83-4027615
Issuer Jurisdiction of Incorporation | Delaware
Issuer Headquarters | 4200 Ridgeline Parkway, Suite 1100, Austin, TX 78746
Proposed Ticker Symbol | CBRI
Proposed Exchange | New York Stock Exchange
SEC CIK Number | 0001948372
Type of Offering | Initial Public Offering — Common Stock
Par Value per Share | $0.01
Filing Date | April 2022
Issuer's Counsel | Calderwood & Harkness LLP
Issuer's Counsel Contact | Jennifer Kwon, Responsible Partner
Issuer's Counsel Address | 599 Lexington Avenue, New York, NY 10022
Underwriters' Counsel | Prescott, Danforth & Yee LLP
Underwriters' Counsel Contact | Margaret Yee, Partner
Underwriters' Counsel Address | 1271 Avenue of the Americas, New York, NY 10020
Selling Stockholder's Counsel | Whitfield Archer & Doss LLP
Selling Stockholder's Counsel Contact | Philip Archer / Christine Navarro
Selling Stockholder's Counsel Address | 51 West 52nd Street, New York, NY 10019
Independent Auditor | Ashford & Pemberton LLP
Auditor Contact | Gregory Sondheim, CPA, Lead Engagement Partner
C&H Matter Number | 1015-00001
Status | Dormant — Offering Postponed June 17, 2022
[sheet: Schedule A — Offering Summary]
Item | Shares | Dollar Amount | Notes
Assumed Midpoint IPO Price per Share | $22.00 | Filing-range midpoint
Base Offering — Total | 23,713,636 | $521,700,000 | Base offering = $600M ÷ 1.15
  Primary Shares (Company) | 16,895,455 | $371,700,000 | $521.7M less $150M secondary
  Secondary Shares (Pinnacle Vista Capital Partners III, LP) | 6,818,182 | $150,000,000 | $150M ÷ $22.00
Overallotment Option (15% Greenshoe) | 3,559,091 | $78,300,000 | 15% × base offering
Total Offering (Full Exercise) | 27,272,727 | $600,000,000 | Base + overallotment
Pre-IPO Shares Outstanding (Fully Diluted) | 100,000,000 | Post-reclassification
Post-IPO Shares Outstanding (Base, No Overallotment) | 123,713,636 | 100M + 23,713,636
Post-IPO Shares Outstanding (Full Overallotment Exercise) | 127,272,727 | 100M + 27,272,727
Pre-Money Equity Valuation | $2,200,000,000 | 100M shares × $22.00
Post-Money Equity Valuation (Base) | $2,721,700,000 | 123,713,636 × $22.00
Post-Money Equity Valuation (Full Exercise) | $2,800,000,000 | 127,272,727 × $22.00
[sheet: Schedule B — Underwriter Identi]
Underwriter | Role | Entity Type | Jurisdiction | Principal Office Address | SEC Registered Broker-Dealer | FINRA Member | Key Personnel
Hargrove Keating & Co. | Lead-Left Book-Running Manager; Coordinating Underwriter; Representative | Delaware corporation | Delaware | 383 Madison Place, New York, NY 10017 | Y | Y | Oliver Marchetti (MD, ECM); Sonia Tran (Dir., Power & Renewables IB); Daniel Furman (VP, ECM Syndicate)
Linden Pratt Securities LLC | Joint Book-Running Manager | Delaware LLC | Delaware | 200 Vesey Street, 40th Floor, New York, NY 10281 | Y | Y | Rebecca Innes (MD, ECM); James Alcorn (Dir., Clean Energy & Infrastructure)
Graymont Brothers Inc. | Joint Book-Running Manager | Delaware corporation | Delaware | 555 California Street, Suite 3200, San Francisco, CA 94104 | Y | Y | Kenneth Sato (MD, ECM); Lisa Trujillo (Dir., Utilities & Renewables)
Barfield Stuart & Co. | Co-Manager | Delaware corporation | Delaware | 101 Federal Street, Boston, MA 02110 | Y | Y
Crane Whitley Capital LLC | Co-Manager | Delaware LLC | Delaware | 600 Travis Street, Suite 4400, Houston, TX 77002 | Y | Y
[sheet: Schedule C — Underwriter Alloca]
Underwriter | Role | Allocation % | Number of Shares (Base Offering) | Dollar Amount (Base Offering)
Hargrove Keating & Co. | Lead-Left Book-Runner | 40% | 9,485,455 | $208,680,000
Linden Pratt Securities LLC | Joint Book-Runner | 25% | 5,928,409 | $130,425,000
Graymont Brothers Inc. | Joint Book-Runner | 20% | 4,742,727 | $104,340,000
Barfield Stuart & Co. | Co-Manager | 10% | 2,371,364 | $52,170,000
Crane Whitley Capital LLC | Co-Manager | 5% | 1,185,682 | $26,085,000
TOTAL | 100% | 23,713,636 | $521,700,000
[sheet: Schedule D — Underwriting Compe]
Compensation Element | Rate / Basis | Base Offering Amount | Overallotment Amount | Total (Full Exercise) | Notes
Gross Spread (Underwriting discount) | 5.50% of public offering price | $28,693,500 | $4,306,500 | $33,000,000 | $600,000,000 × 5.50%
  Management Fee | 20% of gross spread | $5,738,700 | $861,300 | $6,600,000 | 20% × $33,000,000
  Underwriting Fee | 20% of gross spread | $5,738,700 | $861,300 | $6,600,000 | 20% × $33,000,000
  Selling Concession | 60% of gross spread | $17,216,100 | $2,583,900 | $19,800,000 | 60% × $33,000,000
Underwriter Expense Reimbursement Cap | Capped amount | $350,000 | FINRA-related expense cap
Total Underwriting Compensation (Gross Spread) | $28,693,500 | $4,306,500 | $33,000,000
Total Underwriting Compensation Including Expense Reimbursement | $33,350,000 | Maximum including expense cap
Compensation as % of Offering Size (Full Exercise) | 5.50% | Gross spread only; within FINRA guidelines
Total Compensation (incl. expenses) as % of Offering Size | 5.56% | $33,350,000 ÷ $600,000,000
Per-Share Underwriting discount | $1.21 per share | $22.00 × 5.50% = $1.21
Net Proceeds to Company (Primary, Base) | $351,256,500 | $371,700,000 − ($371,700,000 × 5.50%)
Net Proceeds to Selling Stockholder (Secondary) | $141,750,000 | $150,000,000 − ($150,000,000 × 5.50%)
Public Offering Price to Company (Primary, Base) | $371,700,000 | 16,895,455 × $22.00
Public Offering Price to Selling Stockholder (Secondary) | $150,000,000 | 6,818,182 × $22.00
[sheet: Schedule E — Compensation by Un]
Underwriter | Allocation % | Management Fee Share | Underwriting Fee Share | Selling Concession Share | Total Compensation Share
Hargrove Keating & Co. | 40% | $2,640,000 | $2,640,000 | $7,920,000 | $13,200,000
Linden Pratt Securities LLC | 25% | $1,650,000 | $1,650,000 | $4,950,000 | $8,250,000
Graymont Brothers Inc. | 20% | $1,320,000 | $1,320,000 | $3,960,000 | $6,600,000
Barfield Stuart & Co. | 10% | $660,000 | $660,000 | $1,980,000 | $3,300,000
Crane Whitley Capital LLC | 5% | $330,000 | $330,000 | $990,000 | $1,650,000
TOTAL | 100% | $6,600,000 | $6,600,000 | $19,800,000 | $33,000,000

[sheet: Cover]

Record

Parties

Dates

Amounts