Castellum’s total outstanding debt has been reduced to
"Deleveraging our balance sheet by steadily reducing debt gives us more resources to support our mission customers, empower employee development, invest in organic growth, and, ultimately, provide a greater return to our shareholders," said
About
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company's expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as "estimate," "project," "believe," "anticipate," "shooting to," "intend," "in a position," "looking to," "pursue," "positioned," "will," "likely," "would," or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations for revenue growth, building value, serving our shareholders, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company's control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including among others: the Company's ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company's revenue due to a delay in the
Contact:
info@castellumus.com
(301) 961-4895
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4719f124-b6a5-4296-a7a1-c7731485feba
![](https://ml.globenewswire.com/media/YmY1MWFkNzktNGZjNi00N2U0LTk2ODEtYjZiNDQxZjIwZWIzLTUwMDA2NjY5NQ==/tiny/Castellum-Inc-.png)
Castellum, Inc. Continues to Reduce Debt
![](https://ml.globenewswire.com/media/4719f124-b6a5-4296-a7a1-c7731485feba/medium/castellum-inc-continues-to-reduce-debt.jpg)
Castellum, Inc. (the "Company" or "Castellum") (NYSE-American: CTM) ($CTM) two remaining payments on an original 36-month term loan, taken out to support an August 2021 acquisition - http://castellumus.com
2024 GlobeNewswire, Inc., source