Castellum plans public stock offering, stock price increases significantly

From Nasdaq: 2024-12-26 20:45:17

Castellum Inc. (CTM), a cybersecurity company, plans to offer and sell shares of its common stock in a public offering, with all shares being offered. CTM’s stock closed at $1.38 on Thursday, up 137.93%. The company intends to use the net proceeds for working capital and general corporate purposes, but the completion of the offering is subject to market conditions. Maxim Group LLC is the sole placement agent for the offering. The views expressed are of the author and do not necessarily reflect Nasdaq, Inc.



Read more at Nasdaq: Castellum Announces Proposed Public Offering Of Common Stock; Stock Surges