Castellum Announces Pricing of $3.7 Million Public Offering of Common Stock
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Castellum, Inc. has announced the pricing of its public offering of 4,355,000 shares at $0.85 per share, totaling $3.7 million. The company focuses on cybersecurity, electronic warfare, and software services for the federal government.
December 27, 2024 | 2:15 pm
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Castellum, Inc. has priced its public offering of 4,355,000 shares at $0.85 each, raising $3.7 million. This move could impact the stock price due to dilution and market perception.
The public offering increases the number of shares outstanding, which can lead to dilution of existing shares. The offering price of $0.85 may also influence market perception, potentially leading to a short-term decrease in stock price.
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