Castellum, Inc. priced a $4.5 million public offering for working capital and corporate purposes.

From GlobeNewswire: 2025-03-16 21:10:00

Castellum, Inc. announced the pricing of its public offering, consisting of 4,500,000 units at $1.00 per unit, each containing a share of common stock and a warrant to purchase another share. The gross proceeds are expected to be around $4.5 million, with the net proceeds intended for working capital and corporate purposes. Maxim Group LLC is the placement agent for the offering, set to close around March 18, 2025, pending customary conditions. The offering is made under a shelf registration statement filed with the SEC, with final terms to be disclosed in a prospectus supplement.

Castellum, Inc. is a defense technology company focused on cybersecurity and information warfare. The company’s forward-looking statements caution investors about uncertainties and risks, including the ability to close the described financing and integrate acquired companies. Risks include delays in federal budget approval and maintaining stock listing. Investors are advised to review risk factors in SEC filings. Contact President and CEO Glen Ives for more information.



Read more at GlobeNewswire: Castellum Announces Pricing of $4.5 Million Public Offering