secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001628280-24-052385
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum raises $3.6M in stock offering; wins OASIS+ unrestricted IDIQ contract
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- Sold 9,473,700 shares at $0.38/share in registered direct offering; gross proceeds ~$3.6M; closed Dec 24, 2024.
- Maxim Group LLC acted as sole placement agent; 7.0% cash fee plus expense reimbursement.
- Subsidiary Specialty Systems, Inc. awarded OASIS+ Unrestricted IDIQ contract across four domains: intelligence services, technical & engineering, R&D, management & advisory.
- Contract has potential ten-year performance period and no ceiling value; adds to three previously awarded small business OASIS+ domains.
- CEO Glen Ives called it the most important strategic win in Castellum's history.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000162828024052385/0001628280-24-052385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000162828024052385/ctm-20241222.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-052385

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