other material
confidence high
sentiment neutral
materiality 0.35
Castellum warns remaining warrant holders of May 16, 2025 expiration deadline
Castellum, Inc.
- 4,500,000 units sold in March 2025 at $1.00/unit; each unit includes 1 share and 1 warrant exercisable at $1.08.
- As of April 10, 2025, investors have exercised 1,145,000 warrants, generating $1,236,600 in gross proceeds.
- Remaining 3,355,000 warrants will expire on May 16, 2025 if not exercised by that date.
- Company issued press release on April 10, 2025 reminding holders of the expiration deadline.