secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001877939-25-000124
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum completes $2M debt paydown, retires note to Robert Eisiminger, long-term debt zero
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- Castellum has fully repaid its $2 million promissory note to Robert Eisiminger, leaving no outstanding principal balance.
- Long-term debt reduced to zero; current notes payable now $400,000, down significantly from prior year.
- Paydown funded from Q3 free cash flow and cash reserves, reflecting disciplined financial strategy.
- CEO Glen Ives says improved position enables strategic investments in business development for prime contracts.
- Company thanks Eisiminger for support since 2019; debt now fully retired.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000124/0001877939-25-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000124/ctm-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001877939-25-000124

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