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
Castellum (NYSE-American: CTM) announces the upcoming expiration of remaining warrants from its March 2025 $4.5 million public offering. Of the original 4,500,000 warrants issued at $1.08 per share, 1,145,000 (over 25%) have been exercised, leaving 3,355,000 unexercised warrants that will expire on May 16, 2025.
The company has already raised an additional $1.2 million through warrant exercises through March. The initial public offering in March 2025 consisted of shares priced at $1.00. Management highlights their recent $103 million contract win and strong balance sheet, emphasizing their focus on organic growth and commitment to stakeholders.
Castellum (NYSE-American: CTM) annuncia la prossima scadenza delle rimanenti opzioni della sua offerta pubblica da 4,5 milioni di dollari di marzo 2025. Delle 4.500.000 opzioni originariamente emesse a 1,08 dollari per azione, 1.145.000 (oltre il 25%) sono state esercitate, lasciando 3.355.000 opzioni non esercitate che scadranno il 16 maggio 2025.
L'azienda ha già raccolto ulteriori 1,2 milioni di dollari attraverso l'esercizio delle opzioni fino a marzo. L'offerta pubblica iniziale di marzo 2025 consisteva in azioni prezzate a 1,00 dollaro. La direzione sottolinea la recente vittoria di contratto da 103 milioni di dollari e un forte bilancio, enfatizzando il loro focus sulla crescita organica e l'impegno verso gli stakeholder.
Castellum (NYSE-American: CTM) anuncia la próxima expiración de las opciones restantes de su oferta pública de 4.5 millones de dólares de marzo de 2025. De las 4,500,000 opciones emitidas originalmente a 1.08 dólares por acción, 1,145,000 (más del 25%) han sido ejercidas, dejando 3,355,000 opciones no ejercidas que expirarán el 16 de mayo de 2025.
La empresa ya ha recaudado 1.2 millones de dólares adicionales a través del ejercicio de opciones hasta marzo. La oferta pública inicial en marzo de 2025 consistió en acciones con un precio de 1.00 dólar. La dirección destaca su reciente ganancia de contrato de 103 millones de dólares y un sólido balance, enfatizando su enfoque en el crecimiento orgánico y su compromiso con los interesados.
Castellum (NYSE-American: CTM)은 2025년 3월 450만 달러 공모의 남은 워런트가 곧 만료된다고 발표했습니다. 원래 주당 1.08달러에 발행된 4,500,000개의 워런트 중 1,145,000개(25% 이상)가 행사되어 3,355,000개의 미행사 워런트가 2025년 5월 16일에 만료됩니다.
회사는 이미 3월까지의 워런트 행사로 120만 달러를 추가로 모금했습니다. 2025년 3월의 공모는 주당 1.00달러로 가격이 책정된 주식으로 구성되었습니다. 경영진은 최근 1억 300만 달러 계약 수주와 강력한 재무 상태를 강조하며 유기적 성장과 이해관계자에 대한 헌신에 집중하고 있습니다.
Castellum (NYSE-American: CTM) annonce l'expiration prochaine des warrants restants de son offre publique de 4,5 millions de dollars de mars 2025. Parmi les 4 500 000 warrants émis à 1,08 dollar par action, 1 145 000 (plus de 25 %) ont été exercés, laissant 3 355 000 warrants non exercés qui expireront le 16 mai 2025.
L'entreprise a déjà levé 1,2 million de dollars supplémentaires grâce à l'exercice des warrants jusqu'en mars. L'offre publique initiale de mars 2025 était composée d'actions au prix de 1,00 dollar. La direction souligne sa récente victoire de contrat de 103 millions de dollars et un bilan solide, en mettant l'accent sur leur concentration sur la croissance organique et leur engagement envers les parties prenantes.
Castellum (NYSE-American: CTM) kündigt das bevorstehende Ablaufdatum der verbleibenden Warrants aus ihrem öffentlichen Angebot über 4,5 Millionen Dollar im März 2025 an. Von den ursprünglich 4.500.000 Warrants, die zu einem Preis von 1,08 Dollar pro Aktie ausgegeben wurden, wurden 1.145.000 (über 25%) ausgeübt, sodass 3.355.000 nicht ausgeübte Warrants am 16. Mai 2025 ablaufen werden.
Das Unternehmen hat bereits 1,2 Millionen Dollar zusätzlich durch die Ausübung von Warrants bis März gesammelt. Das ursprüngliche öffentliche Angebot im März 2025 bestand aus Aktien, die zu 1,00 Dollar bewertet waren. Das Management hebt den kürzlichen Vertragssieg über 103 Millionen Dollar und die starke Bilanz hervor und betont den Fokus auf organisches Wachstum und das Engagement gegenüber den Stakeholdern.
- Recent $103 million contract win strengthens business outlook
- Successfully raised $4.5 million through public offering in March 2025
- Additional $1.2 million raised through warrant exercises
- 25% of warrants already exercised, showing investor confidence
- Potential dilution from remaining 3,355,000 warrants if exercised
- Warrant exercise price ($1.08) above initial offering price ($1.00) may limit conversion rate
VIENNA, Va., April 10, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, is alerting the remaining holders of 3,355,000 unexercised warrants, exercisable at
“We had another very successful equity raise in March, issuing 4.5 million shares at
“I’m encouraged and gratified by the steady confidence our investors have placed in us, as shown by our most recent successful March equity raise,” said Glen Ives, President and CEO of Castellum. “Our CTM team remains unequivocally committed to building our strong organic growth foundation and winning culture. In the vernacular of our industry, your CTM team is laser locked like a missile seeker on its organic growth targets. With our recent
About Castellum, Inc.
Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government - https://castellumus.com/.
Cautionary Statement Concerning Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company’s expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “shooting to,” “intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,” “goal,” “target” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities, improvements to cost structure, and profitability. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations for revenue growth and new customer opportunities including opportunities arising from its contracts, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. For a more detailed description of these and other risk factors, please refer to the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.
Offer or Solicitation
This communication is not intended to and does not constitute an offer to purchase the securities discussed herein or the solicitation of an offer to sell any securities.
Contact:
Glen Ives
President and Chief Executive Officer
Phone: (703) 752-6157
info@castellumus.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/50c46269-4af7-45f7-bf75-1fe6eef48620
FAQ
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