other material
confidence high
sentiment neutral
materiality 0.60
Castellum prices $3.7M public offering of 4.355M shares at $0.85/share
Castellum, Inc.
- 4,355,000 shares offered at $0.85 each; gross proceeds ~$3.7M before fees and expenses.
- Closing expected December 30, 2024; net proceeds for working capital and general corporate purposes.
- Company and certain officers/directors subject to 60-day lock-up; six-month ban on variable-rate transactions.
- Maxim Group LLC acting as sole placement agent with 7.0% cash fee and up to $60,000 expense reimbursement.