{"schema_version":"secwatch.filing_event.v1","accession":"0001575872-23-000291","form_type":"8-K","ticker":"CTM","cik":"0001877939","company_name":"Castellum, Inc.","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.312192+00:00","generated_at":"2026-06-19T09:47:13.949117+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Castellum raises $500k equity, refinances $840k debt, extends maturities to fund acquisition","bullets":["Raised $500k equity at $1.06/share; issued $840k convertible note due Feb 2024 at 10% interest, convertible at $1.20.","Warrants for 700k shares at $1.38 issued; paid off $1.05M note with $300k cash and 556,250 shares.","No remaining debt maturities in 2023 (except Live Oak term loan); acquisition expected to close in 2-3 weeks.","CEO says financing supports key acquisition to grow Navy cybersecurity business."],"urls":{"canonical":"https://secwatch.observer/filing/0001575872-23-000291","json":"https://secwatch.observer/filing/0001575872-23-000291.json","markdown":"https://secwatch.observer/filing/0001575872-23-000291.md","text":"https://secwatch.observer/filing/0001575872-23-000291.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1877939/000157587223000291/0001575872-23-000291-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1877939/000157587223000291/ctm-20230213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:47:13.949117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8b149f4667b0ebcbc6f26636832fdd13f264f64e","claim":"Castellum, Inc. entered into Securities Purchase Agreement with Crom Cortana Fund LLC (effective 2023-02-13).","evidence_excerpt":"Simultaneously therewith, the parties entered into the Securities Purchase Agreement (the “2023 SPA”) pursuant to which Crom purchased (a) a convertible promissory note in the principal amount of $840,000 (the “2023 Note Payable”) which matures February 13, 2024 and bears interest at a per annum rate equal to ten percent (10%) to be paid monthly, and (b) a warrant pursuant to which Crom has the right to purchase up to 700,000 shares of the Company’s common stock (the “2023 Warrant”) at an exercise price of $1.38 which expire sixty months from the date of issuance.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1877939/000157587223000291/0001575872-23-000291-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Crom Cortana Fund LLC"},{"label":"Effective","value":"2023-02-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}