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Castellum Prices $3.7 Million Public Offering of Shares
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Castellum Prices $3.7 Million Public Offering of Shares
Dec 27, 2024 6:46 AM

09:26 AM EST, 12/27/2024 (MT Newswires) -- Castellum (CTM) said Friday it priced its public offering of nearly 4.4 million shares at $0.85 per share, for expected gross proceeds of about $3.7 million.

Net proceeds will be used for working capital and general corporate purposes, Castellum said.

The closing of the offering is expected on or about Dec. 30, the company added.

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