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Castellum Priced, NYSE American: CTM

Provides technology services primarily to government agencies.

Industry: Technology

Latest Trade: $0.16 0.00 (-1.9%)

First Day Return: -40.0%

Return from IPO: -92.0%

Industry: Technology

Castellum, Inc. is focused on acquiring and growing technology companies in the areas of cybersecurity, information technology, electronic warfare, information warfare, and information operations with businesses in the governmental and commercial markets. Services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, and data analytics. These services are applicable to customers in the federal government, financial services, healthcare and other users of large data applications. They can be delivered to on-premises enclaves or customers who rely upon cloud-based infrastructures. Because of our executive team’s prior experience growing businesses organically, we believe that we are well positioned to grow our existing business via internal growth as well. The Company has developed a qualified business opportunity pipeline of over $400 million (the “Opportunity Pipeline”). The Opportunity Pipeline represents the revenue opportunity for the Company from potential future contracts obtained through organic growth from qualified customers based on the expected base year contract value plus the value of all option periods.
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IPO Data
IPO File Date 09/02/2022
Offer Price $2.00
Price Range $2.00 - $3.00
Offer Shares (mm) 1.5
Deal Size ($mm) $3
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/12/2022
Offer Price $2.00
Price Range $2.00 - $3.00
Offer Shares (mm) 1.5
Deal Size ($mm) $3
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Bethesda, MD, United States
Founded 2010
Employees at IPO 213
Website www.castellumus.com

Castellum (CTM) Performance