secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001877939-25-000087
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum investors exercise 3.67M warrants, raising ~$4.5M at $1.22/share
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- 3,673,666 warrants exercised from June 2025 unit offering, generating $4,481,873 in gross proceeds.
- Each warrant had exercise price of $1.22 and expired August 12, 2025.
- Proceeds strengthen balance sheet; company plans to invest in growth initiatives for 2025/2026.
- Maxim Group LLC receives 3.5% cash fee (~$156,866) on warrant exercise proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000087/0001877939-25-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000087/ctm-20250814.htm
  HTML page:      https://secwatch.observer/filing/0001877939-25-000087

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