---
schema_version: "secwatch.filing_event.v1"
accession: "0001877939-24-000069"
form_type: "8-K"
ticker: "CTM"
cik: "0001877939"
company_name: "Castellum, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:29:53.065275+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Castellum reduces revolving credit from $4M to $2M, adds $250K collateral account

## Summary
- Principal cut to $2M from $4M; collateral account of at least $250K required until debt service covenant replaced.
- Borrowing base reporting frequency increased from monthly to twice-monthly.
- Loan term now demandable at Lender's sole discretion; no fixed maturity.
- Modification signed Sept 2, 2024, effective Aug 15, 2024; subsidiaries also named as obligors.

## SEC filing metadata
- accession: 0001877939-24-000069
- form_type: 8-K
- ticker: CTM
- cik: 0001877939
- company_name: Castellum, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877939/000187793924000069/0001877939-24-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877939/000187793924000069/ctm-20240902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001877939-24-000069
- JSON: https://secwatch.observer/filing/0001877939-24-000069.json
- Plain text: https://secwatch.observer/filing/0001877939-24-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.