other_material
confidence high
sentiment neutral
materiality 0.60
Castellum prices $5M public offering of units at $1.20/unit, warrants at $1.22
Castellum, Inc.
- Gross proceeds ~$5M from sale of 4,166,667 units at $1.20/unit.
- Each unit consists of one share and one warrant exercisable at $1.22, expiring in 60 days.
- Net proceeds intended for working capital and general corporate purposes.
- Maxim Group LLC acting as sole placement agent on a reasonable best-efforts basis.
- Offering closed June 13, 2025; registered under effective shelf S-3 (333-284205).
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