Castellum Raises $5 Million in Public Offering

Castellum ( (CTM) ) has shared an announcement.

On June 12, 2025, Castellum, Inc. entered into a securities purchase agreement to sell 4,166,667 units, each consisting of one share of common stock and one warrant, in a public offering priced at $1.20 per unit, raising approximately $5 million before expenses. The offering, which closed on June 13, 2025, is expected to provide Castellum with funds for working capital and general corporate purposes, potentially impacting its operational capacity and market positioning.

The most recent analyst rating on (CTM) stock is a Sell with a $120.00 price target. To see the full list of analyst forecasts on Castellum stock, see the CTM Stock Forecast page.

Spark’s Take on CTM Stock

According to Spark, TipRanks’ AI Analyst, CTM is a Neutral.

The overall stock score is primarily influenced by financial performance and technical analysis. While Castellum faces significant profitability and cash flow challenges, positive short-term momentum and improved leverage management provide some optimism. However, valuation metrics remain a concern due to negative earnings and lack of dividends, limiting the stock’s attractiveness.

To see Spark’s full report on CTM stock, click here.

More about Castellum

Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government.

Average Trading Volume: 2,089,191

Technical Sentiment Signal: Hold

Current Market Cap: $117.9M

For detailed information about CTM stock, go to TipRanks’ Stock Analysis page.