Castellum (CTM) Prices 8.44M Share Offering at $0.32/sh
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Castellum Announces Pricing of $2.7 Million Registered Direct Offering
January 25, 2024 8:55 AM ESTBETHESDA, Md., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Castellum, Inc. (the Company) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government today announced that it has entered into a securities purchase agreement with an institutional investor to purchase 8,437,501 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering. In a concurrent private placement, the Company also agreed to issue and sell to the investor warrants to purchase up to 8,437,501 shares of common stock. The combined effective offering price for each share of common... More
