Core Viewpoint - Castellum, Inc. is notifying holders of 3,355,000 unexercised warrants that they will expire on May 16, 2025, with 1,145,000 warrants already exercised since March 19, 2025 [1][3]. Group 1: Company Performance - Castellum successfully raised equity by issuing 4.5 million shares at $1.00 in March 2025, raising an additional $1.2 million through the exercise of over 1.1 million warrants by the end of March [2]. - The company has secured a significant contract worth $103 million, contributing to a strong balance sheet and reinforcing its commitment to organic growth [3]. Group 2: Warrant Details - The remaining unexercised warrants allow investors to purchase shares at $1.08 each, with a deadline for exercise set for May 16, 2025 [1][2][3].
Castellum, Inc. Alerts Holders of Remaining Warrants Issued as Part of its $4.5 Million Public Offering that Closed on March 19, 2025 of Deadline to Exercise