Castellum, Inc. (CTM) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Castellum, Inc. on April 6, 2023, covering events occurring on April 5, 2023. The Company is an emerging growth company incorporated in Nevada with its principal executive offices in Bethesda, Maryland. Its common stock trades on the NYSE American LLC under the symbol "CTM."
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is a corporate governance report regarding a charter amendment.
Material Changes
On April 5, 2023, the Company filed a Certificate of Amendment to its Amended and Restated Articles of Incorporation with the Secretary of State of Nevada. This amendment clarifies the impact of a previously announced 1-for-20 reverse stock split of the Company's issued and outstanding shares of Common Stock on the Company's preferred stock.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The primary focus is the procedural update to the Company's charter to align with the reverse stock split.
Investor Verification Checklist
- Verify the specific terms of the 1-for-20 reverse stock split and its effective date.
- Review the full text of the Certificate of Amendment (Exhibit 3.1) to understand the precise adjustments to preferred stock rights.
- Confirm the current trading status of the common stock on NYSE American following the reverse split.
- Check for any subsequent filings regarding the implementation of the reverse stock split.