secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001628280-24-002401
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum raises $2.7M in registered direct offering plus warrants at $0.32/share
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- Gross proceeds ~$2.7M from sale of 8,437,501 shares/pre-funded warrants at $0.32 each.
- Concurrent private placement: warrants to buy 8,437,501 shares at $0.35/share, exercisable upon shareholder approval, expire 5 years.
- Maxim Group LLC acting as sole placement agent; closing expected Jan 29, 2024.
- Shares/pre-funded warrants offered via effective shelf registration S-3 (No. 333-275840); warrants unregistered.
- 60-day lock-up for company and certain officers/directors; 1-year ban on variable-rate transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000162828024002401/0001628280-24-002401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000162828024002401/ctm-20240125.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-002401

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer