Castellum (CTM) Closes $5M Offering

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Go back to Castellum (CTM) Closes $5M Offering

Castellum Announces Closing of $5.0 Million Public Offering of Common Stock and Warrants

June 16, 2025 6:45 AM EDT

VIENNA, Va., June 16, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (the Company and Castellum) (NYSE-American: CTM), a cybersecurity, electronic warfare, and software services company focused on the federal government, today announced the closing of its previously announced public offering of 4,166,667 Units at a public offering price of $1.20 per Unit. Each unit consists of one share of common stock and one warrant to purchase one share of common stock. The warrants are immediately exercisable at $1.22 per share and will expire 60 days from the date of issuance. The shares of common stock and warrants are immediately separable and... More