Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock

Core Viewpoint - Castellum, Inc. has announced a public offering of 4,355,000 shares of common stock at a price of $0.85 per share, aiming to raise approximately$3.7 million for working capital and general corporate purposes [1][4][8]. Group 1: Offering Details - The public offering price is set at $0.85 per share, with gross proceeds expected to be around$3.7 million before fees and expenses [1][4]. - The offering is being managed by Maxim Group LLC as the sole placement agent [3]. - The closing of the offering is anticipated to occur on or about December 30, 2024, pending customary closing conditions [7]. Group 2: Regulatory Information - A shelf registration statement on Form S-3 was filed with the SEC and became effective on December 12, 2023, allowing for the offering of these securities [8]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC, with a final prospectus supplement to be made available [8].