Castellum (CTM) announced that it intends to offer and sell shares of its common stock and warrants exercisable into shares of the company’s common stock, in a public offering. All of the shares of common stock are being offered by Castellum. Castellum initially intends to use the net proceeds of the offering for working capital and general corporate purposes. Maxim Group is acting as the sole placement agent for the offering on a reasonable best-efforts basis.
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