Castellum 8-K: Emerging Growth Company Status Confirmed
Ticker: CTM · Form: 8-K · Filed: Jan 30, 2024 · CIK: 1877939
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, emerging-growth-company, corporate-governance
TL;DR
**Castellum filed an 8-K confirming its emerging growth company status, meaning less financial disclosure for now.**
AI Summary
Castellum, Inc. filed an 8-K on January 29, 2024, to report an 'Other Event' and 'Financial Statements and Exhibits'. This filing indicates that Castellum, Inc. is an emerging growth company, which means it can take advantage of certain relaxed reporting requirements. For investors, this matters because it signals the company's current stage of development and its approach to regulatory compliance, potentially impacting transparency and growth prospects.
Why It Matters
This filing confirms Castellum's status as an emerging growth company, which allows it to follow simplified reporting rules, potentially reducing compliance costs but also offering less detailed financial information to investors.
Risk Assessment
Risk Level: low — This filing is primarily administrative, confirming the company's existing status as an emerging growth company, and does not introduce new material risks.
Analyst Insight
A smart investor would note Castellum's emerging growth company status, understanding that it implies less detailed financial reporting, and factor this into their due diligence when evaluating the company's transparency and growth potential.
Key Numbers
- $0.0001 — Par value per share (This is the nominal value assigned to each share of Castellum, Inc. common stock.)
Key Players & Entities
- Castellum, Inc. (company) — the registrant filing the 8-K
- Nevada (company) — state of incorporation for Castellum, Inc.
- NYSE American LLC (company) — exchange where Castellum, Inc.'s common stock is registered
- $0.0001 (dollar_amount) — par value per share of Castellum, Inc. common stock
FAQ
What is the primary purpose of Castellum, Inc.'s 8-K filing on January 29, 2024?
The primary purpose of Castellum, Inc.'s 8-K filing on January 29, 2024, was to report 'Other Events' and 'Financial Statements and Exhibits', specifically confirming its status as an emerging growth company.
What is Castellum, Inc.'s trading symbol and on which exchange is its common stock registered?
Castellum, Inc.'s trading symbol is CTM, and its common stock is registered on the NYSE American LLC.
What is the par value of Castellum, Inc.'s common stock as stated in the filing?
The par value of Castellum, Inc.'s common stock is $0.0001 per share.
What is the significance of Castellum, Inc. being an 'emerging growth company'?
As an 'emerging growth company', Castellum, Inc. can take advantage of certain exemptions from new or revised financial accounting standards, as provided pursuant to Section 13(a) of the Exchange Act, potentially reducing its regulatory compliance burden.
What is the business address and phone number for Castellum, Inc. according to the filing?
Castellum, Inc.'s business address is 3 Bethesda Metro Center, Suite 700, Bethesda, MD 20814, and its business phone number is 301-961-4895.
Filing Stats: 421 words · 2 min read · ~1 pages · Grade level 10.2 · Accepted 2024-01-30 06:31:23
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 per share CTM NYSE American LLC Indic
- $2.7 million — ess release announcing the closing of a $2.7 million registered direct offering. The full te
Filing Documents
- ctm-20240129.htm (8-K) — 24KB
- january292024ex-991.htm (EX-99.1) — 9KB
- image_0a.jpg (GRAPHIC) — 15KB
- 0001877939-24-000003.txt ( ) — 183KB
- ctm-20240129.xsd (EX-101.SCH) — 2KB
- ctm-20240129_lab.xml (EX-101.LAB) — 24KB
- ctm-20240129_pre.xml (EX-101.PRE) — 13KB
- ctm-20240129_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On January 29, 2024 Castellum, Inc. (the "Company") issued a press release announcing the closing of a $2.7 million registered direct offering. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 P ress Release dated January 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. CASTELLUM, INC. Date: January 30, 2024 By: /s/ Mark C. Fuller Name: Mark C. Fuller Title: Chief Executive Officer (Principal Executive Officer)