Castellum (CTM) Prices 9.47M Share Offering at $0.38/sh
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Castellum, Inc. Announces Pricing of $3.6 Million Registered Direct Offering
December 23, 2024 6:50 AM ESTVIENNA, Va., Dec. 23, 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 several institutional investors to purchase 9,473,700 shares of common stock in a registered direct offering. The shares of common stock are being sold at an offering price of $0.38 per share.
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.6 million before deducting the placement agents... More
