Castellum Prices $3.6 Million Direct Offering

MT Newswires Live

2024/12/23

Castellum (CTM) said Monday it has priced a registered direct offering of 9.5 million shares at $0.38 per share.

The gross proceeds to the company offering are estimated to be about $3.6 million and it is expected to close Tuesday.

Shares of the company were down more than 28% in Monday's premarket activity.

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