Castellum Announces Pricing of $4.5 Million Public Offering of Common Stock and Warrants

Core Viewpoint - Castellum, Inc. has announced a public offering of 4,500,000 Units at a price of $1.00 per Unit, aimed at raising approximately$4.5 million for working capital and general corporate purposes [1][2]. Group 1: Offering Details - Each Unit consists of one share of common stock and one warrant to purchase one share of common stock, with warrants exercisable at $1.08 per share and expiring 60 days from issuance [1]. - The offering is expected to close on or about March 18, 2025, subject to customary closing conditions [2]. Group 2: Financial Information - Gross proceeds from the offering are anticipated to be around$4.5 million before deducting placement agent fees and estimated offering expenses [2]. - Maxim Group LLC is acting as the sole placement agent for the offering [2]. Group 3: Regulatory Information - A shelf registration statement on Form S-3 was filed with the SEC and became effective on January 24, 2025, allowing the securities to be offered by means of a prospectus [3]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC, with a final prospectus supplement to be filed as well [3]. Group 4: Company Overview - Castellum, Inc. is a defense-oriented technology company focusing on strategic acquisitions in cybersecurity, Model-Based Systems Engineering (MBSE), and information warfare [5].