secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0001877939-25-000060
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum retires promissory note 15 months early; long-term debt cut from $12M to under $5M
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- Retired promissory note with Buckhout Charitable Remainder Trust 15 months before maturity.
- Note was originally issued in November 2019 as partial consideration for Corvus Consulting acquisition.
- Total long-term debt reduced from over $12M in December 2023 to less than $5M after retirement.
- CFO David Bell cites stronger balance sheet and lower debt service as key benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000060/0001877939-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000060/ctm-20250605.htm
  HTML page:      https://secwatch.observer/filing/0001877939-25-000060

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