Castellum’s Successful Public Offering: A New Chapter in Cybersecurity
Vienna, VA, March 16, 2025 – Castellum, Inc., a leading cybersecurity, electronic warfare, and software services company catering to the federal government, has announced the successful pricing of its public offering. This offering, which was initially announced on March 9, 2025, consisted of 4,500,000 Units priced at $1.00 per Unit.
Details of the Public Offering
In this offering, each Unit consisted of one share of common stock and one warrant to purchase one-half of a share of common stock at an exercise price of $1.20 per share. The net proceeds from this offering are expected to amount to approximately $4.5 million, after deducting underwriting discounts and commissions and estimated offering expenses.
Impact on Castellum
The successful completion of this public offering marks a significant milestone for Castellum. The company intends to use the net proceeds primarily for working capital and general corporate purposes. This infusion of capital will enable Castellum to continue its growth strategy, which includes expanding its service offerings, investing in research and development, and potentially pursuing strategic acquisitions.
Impact on the World
Castellum’s public offering underscores the growing demand for cybersecurity and electronic warfare solutions, particularly within the federal government sector. With increasing cyber threats, both from state and non-state actors, the need for advanced security measures has never been greater. The successful offering also demonstrates investor confidence in Castellum’s business model and growth potential.
Conclusion
Castellum’s successful public offering represents a pivotal moment for the company. With the proceeds from this offering, Castellum will be able to further its mission of providing cutting-edge cybersecurity, electronic warfare, and software services to the federal government. This development not only benefits Castellum but also reinforces the importance of robust cybersecurity solutions in today’s interconnected world. As Castellum continues to innovate and grow, it is poised to play a vital role in safeguarding critical digital infrastructure and protecting national security.
- Castellum, Inc. announces the pricing of a public offering of 4,500,000 Units at $1.00 per Unit.
- Each Unit consists of one share of common stock and one warrant to purchase one-half of a share of common stock.
- Net proceeds from the offering are expected to be approximately $4.5 million.
- Proceeds will be used primarily for working capital and general corporate purposes.
- The offering underscores the growing demand for cybersecurity and electronic warfare solutions within the federal government sector.
- The successful offering demonstrates investor confidence in Castellum’s business model and growth potential.
