Core Viewpoint - Castellum, Inc. has successfully raised approximately $4.5 million through the exercise of stock warrants, reflecting strong investor confidence in the company's business strategy and growth initiatives [1][2][4]. Group 1: Financial Highlights - Castellum announced that investors exercised a total of 3,673,666 warrants, resulting in gross proceeds of $4,481,873 [1][4]. - The exercise price for the warrants was set at $1.22 per share, and the warrants were set to expire on August 12, 2025 [1][2]. Group 2: Management Commentary - David Bell, Chief Financial Officer, emphasized that the raised capital will enable the company to continue investing in growth initiatives [2]. - Glen Ives, President and CEO, stated that the new capital strengthens the company's balance sheet and positions it for strong momentum heading into 2026 [2]. Group 3: Company Overview - Castellum, Inc. operates in the cybersecurity, electronic warfare, and software engineering services sectors, primarily focusing on the federal government [1][4].

Core Viewpoint - Castellum, Inc. reported record financial results for Q2 2025, showcasing significant revenue growth, improved operating performance, increased cash reserves, and a notable reduction in debt [1][5][6]. Financial Performance - Revenue for Q2 2025 reached $14.0 million, marking a 19.7% increase from $11.7 million in Q1 2025 and a 21.7% increase from $11.5 million in Q2 2024, indicating two consecutive quarters of year-over-year organic revenue growth [2]. - The operating loss for the quarter narrowed to $(0.4) million, an improvement from $(1.1) million in Q1 2025 and $(6.0) million in Q2 2024, reflecting cost discipline and increasing operating leverage [4]. - Castellum generated $0.5 million of adjusted EBITDA, excluding non-cash and one-time items [4][13]. Debt Management - The company reduced total debt by $3.7 million during the quarter, enhancing its balance sheet and financial flexibility [3][6]. Cash Position - Castellum ended the quarter with a record cash balance of $14.7 million, up from $13.3 million at the end of Q1 2025, reinforcing its commitment to liquidity and prudent capital management [5].

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Core Viewpoint - Castellum, Inc. has successfully closed a public offering of 4,166,667 Units at a price of $1.20 per Unit, raising approximately $5.0 million in gross proceeds for working capital and general corporate purposes [1][2][3]. Group 1: Offering Details - The public offering consisted of Units, each comprising one share of common stock and one warrant to purchase one share of common stock [1]. - The warrants are immediately exercisable at a price of $1.22 per share and will expire 60 days from the date of issuance [1]. - The shares of common stock and warrants are immediately separable and were issued separately [1]. Group 2: Financial Information - Gross proceeds from the offering are approximately $5.0 million before deducting placement agent fees and offering expenses [2]. - The net proceeds will be utilized for working capital and general corporate purposes [2]. Group 3: Regulatory Information - A shelf registration statement on Form S-3 relating to the securities was previously filed with the U.S. Securities and Exchange Commission (SEC) [3]. - The offering was conducted under a preliminary prospectus supplement and an accompanying prospectus that have been filed with the SEC [4].

Core Viewpoint - Castellum, Inc. has announced a public offering of 4,166,667 Units at a price of $1.20 per Unit, aiming to raise approximately $5.0 million for working capital and general corporate purposes [1][2][3]. 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 $1.22 per share and expiring 60 days from issuance [1][2]. - The offering is expected to close on or about June 13, 2025, subject to customary closing conditions [2]. Group 2: Financial Information - Gross proceeds from the offering are anticipated to be around $5.0 million before deducting placement agent fees and estimated offering expenses [2]. - Maxim Group LLC is acting as the sole placement agent for the offering on a reasonable best-efforts basis [2]. Group 3: Regulatory Information - A shelf registration statement on Form S-3 relating to the securities was filed with the SEC and became effective on January 24, 2025 [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].

Core Viewpoint - Castellum, Inc. has successfully retired its promissory note with the Buckhout Charitable Remainder Trust 15 months ahead of schedule, marking a significant improvement in its financial position and balance sheet leverage [1][5]. Financial Performance - The retirement of the note signifies a milestone in reducing the financing burden from the acquisition of Corvus Consulting, LLC, with total long-term debt decreasing from over $12 million in December 2023 to less than $5 million [2]. Company Overview - Castellum, Inc. operates in the cybersecurity, electronic warfare, and software engineering services sectors, primarily focusing on the federal government [3].

Group 1 - Castellum, Inc. will participate in the "2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow" hosted by Maxim Group LLC from June 3rd to June 5th at 9:00 a.m. EDT [1][4] - The conference will focus on the rapid evolution of technology and its disruptive impact across various industries, including healthcare, drones, consumer IoT, business solutions, and gaming & entertainment [2] - Emerging growth companies will discuss their advancements in Quantum Computing and Artificial Intelligence (AI) to prepare for future opportunities [2] Group 2 - Glen Ives, the CEO of Castellum, Inc., has been invited to present at the conference, highlighting the company's focus on cybersecurity, electronic warfare, and software engineering services for the federal government [4] - Maxim Group LLC is a full-service investment banking and wealth management firm that provides a range of financial services, including investment banking and equity research [5]

Core Points - Castellum, Inc. is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government [5][6] - The 2025 Annual Meeting of stockholders is scheduled for May 28, 2025, at 10:00 a.m. Eastern Time [1][5] - Stockholders of record as of March 21, 2025, are entitled to notice and vote at the meeting [1][5] Meeting Details - The meeting will take place at the offices of Pillsbury Winthrop Shaw Pittman LLP in Tysons, VA, and will be conducted both in person and virtually via live audio conference [2] - Stockholders can access the live audio conference call by dialing 1 (800) 715-9871 or 1 (646) 307-1963, with the conference identification number being 9842123 [2] Post-Meeting Activities - After the meeting, Castellum's management will conduct an informal presentation followed by a Q&A session [3] - A copy of the informal presentation will be available on the company's website under the "Investor" tab [3]

Core Insights - Castellum, Inc. reported its first year-over-year organic revenue growth as a listed company, with Q1 2025 revenue reaching $11.7 million, up from $11.3 million in Q1 2024 and $10.3 million in Q4 2024, indicating a significant operational turnaround [2][4]. Financial Performance - Revenue for Q1 2025 was $11.7 million, reflecting a year-over-year increase of 3.54% from $11.3 million in Q1 2024 and a quarter-over-quarter increase of 13.59% from $10.3 million in Q4 2024 [2][4]. - The company reported a reduced operating loss of $(1.1) million in Q1 2025, an improvement from $(4.0) million in Q1 2024 and $(1.6) million in Q4 2024, showcasing better cost management and operational efficiency [3]. - Castellum ended the quarter with a cash balance of $13.3 million, an increase from $12.3 million at the end of Q4 2024, highlighting its financial strength [3]. Strategic Developments - During the quarter, Castellum began executing a $103 million contract with the U.S. Navy for the PMA-290 program, which is expected to contribute positively to its 2025 performance [5][6]. - The contract win is seen as a strategic achievement that reinforces the company's business foundation and reflects its capabilities and customer trust [6].