Castellum, Inc. Hires Legal and Financial Advisors to Assist with Up-listing 

Rhea-AI Summary

Castellum, Inc. (OTC: ONOV) has engaged SEC counsel and an investment bank to support its upcoming up-listing to a major stock exchange. President and CEO Mark Fuller expressed enthusiasm for this critical next step, highlighting the expertise of the new advisors. The company is currently evaluating the NYSE-American and Nasdaq Capital Markets as potential venues for the up-listing, aiming for completion by mid-summer. Castellum focuses on strategic acquisitions in defense technology, cyber security, and engineering services, enhancing its market presence.

Positive

• Engaged experienced SEC counsel and investment bank for up-listing support.
• Currently evaluating both NYSE-American and Nasdaq for potential up-listing.
• Targeting completion of up-listing by mid-summer.

Negative

• Risks associated with the up-listing process may cause delays or failure.

POTOMAC, Md., April 21, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (OTC: ONOV) announces it retained a SEC counsel and an investment bank to assist the Company with its planned up-listing to a stock exchange over the coming months.

Mark Fuller, President, and CEO of Castellum, Inc. states, “We are excited to announce this important next step in our up-listing process. These experienced advisors augment our team with expertise necessary in achieving a successful transaction. In consultation with our advisors, we are currently evaluating the NYSE-American and Nasdaq Capital Markets as our two options for a potential up-listing and would like to accomplish it by mid-summer.”

About Castellum, Inc.  

Castellum, Inc. (OTC: ONOV) is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space - http://castellumus.com/.  

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. 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. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at www.otcmarkets.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.  For the potential uplisting described in today’s announcement, the timing could be delayed or the uplisting may be unsuccessful.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/919108c7-763c-4bd6-8f07-1d7ce4e2d074

Contact: 
Mark Fuller, CEO 
info@castellumus.com 
301-961-4895 

 

FAQ

What is Castellum, Inc.'s plan for up-listing?

Castellum is working with SEC counsel and an investment bank to facilitate its up-listing to a major stock exchange, specifically evaluating NYSE-American and Nasdaq.

Who is leading Castellum's up-listing effort?

Mark Fuller, the President and CEO of Castellum, is leading the effort and has highlighted the importance of experienced advisors.

What is the timeline for Castellum's up-listing?

The company aims to complete the up-listing process by mid-summer.

What risks are associated with Castellum's up-listing?

The up-listing may face delays or could be unsuccessful, as indicated in the forward-looking statements of the press release.