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-0.112676056338028 -0.154929577464789 -0.140845070422535 -0.211267605633803 -0.147887323943662 -0.193661971830986 -0.342605633802817 -0.162042253521127
Stock impact report

Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock

Castellum, Inc. (CTM) 
Company Research Source: GlobeNewswire
VIENNA, Va., Dec. 27, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (the “Company” and “Castellum”) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the pricing of its previously announced public offering of 4,355,000 shares of its common stock at a public offering price of $0.85 per share. Gross proceeds from the offering are expected to be approximately $3.7 million before deducting placement agent fees and estimated offering expenses. Castellum intends to use the net proceeds of the offering for working capital and general corporate purposes. Maxim Group LLC is acting as the sole placement agent, on a reasonable best-efforts basis for the offering. The closing of the offering is expected to occur on or about December 30, 2024, subject to satisfaction of customary closing conditions. A shelf registration statement on Form S-3 (File No. 333-275840) relating to the securities being o Show less Read more
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