Castellum Inc., a cybersecurity, electronic warfare, and software services company, has announced the pricing of a $5.0 million public offering of common stock and warrants. The offering consists of 4,166,667 units priced at $1.20 per unit, with each unit comprising one share of common stock and a warrant to purchase an additional share at $1.22. The warrants are immediately exercisable and will expire 60 days after issuance. The company plans to use the net proceeds for working capital and general corporate purposes. Maxim Group LLC is acting as the sole placement agent for the offering, which is expected to close around June 13, 2025, pending customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Castellum Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001877939-25-000062), on June 13, 2025, and is solely responsible for the information contained therein.