Castellum prices public offering of 4.50 million units at $1.00 each

From Nasdaq: 2025-03-16 22:28:25

Castellum Inc. (CTM) priced its public offering of 4.50 million units at $1.00 per Unit, consisting of one share of common stock and one warrant. The warrants are exercisable at $1.08 per share and expire in 60 days. Gross proceeds are estimated to be $4.5 million. Net proceeds will be used for working capital and general corporate purposes. Maxim Group LLC is the sole placement agent. The offering is expected to close by March 18, 2025. These facts were reported by RTTNews.



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