Castellum Inc., a technology company focused on acquisitions, has applied to list its stock on the NYSE American under the ticker CTM.
The company’s stock is currently quoted on the OTC Pink Marketplace operated by OTC Markets Group Inc.
Castellum plans to offer 2.68 million shares, and its selling shareholders are offering 520,000 shares, the company said in a Friday filing with the U.S. Securities and Exchange Commission. The company anticipates a public offering price between $3 and $5 per share.
Castellum’s board on Wednesday also approved a reverse stock split at a ratio that will be determined by the board.
Castellum said that there were about 262 registered holders of record of its common stock as of Aug. 24. The share price on the OTC Pink was $5.08 as of Sept. 1, it said.