u/mounwp — reddlx

Castellum, Inc. has announced that it has selected The Equity Group as its new investor relations company. The Equity Group is a premier IR firm that specializes in comprehensive, strategic IR and corporate communications for companies. The firm helped launch the modern practice of investor relations and financial communications, and is deeply-rooted in long-term client relations. The firm has several decades of investor access experience and a broad investment community network.

Here's examples of the work they've done:

Back in October 2020, Apollo Medical Holdings ($AMEH) was considred significantly undervalued and unnoticed. The Equity Group created a new investor presentation, managed a new corporate website, initiated quarterly earnings calls, drafted corporate announcements, introduced potential investors and analysts, and secured an active schedule of investor conferences and NDRs. They also helped attain analyst coverage and launched ApolloMed's inaugural ESG report.

Co-CEO's remarks about The Equity Group:
"When we engaged The Equity Group, we felt that ApolloMed was significantly undervalued and unnoticed. We wanted a substantial change to our investor relations strategy, with a partner willing to roll up their sleeves and jump into the trenches with the management team. In short order, our Equity Group team lead applied best-in-class investor relations expertise with a hands-on and tireless approach and provided the critical investor relations elements necessary to properly position us in the marketplace. The Equity Group helped us revamp and clarify our story with potential investors, many of which became shareholders. Less than nine months later, our shares had appreciated more than 5 times. The Equity Group has the rare ability to make each of their clients feel like they are their only client and continues to ensure the clear communication of the shareholder value creation at ApolloMed."

In July 2004, with just a market cap of just $25 million, no analyst coverage, and only two institutional holders owning less than 3% of shares, The Equity Group developed key investment messages, crafted quarterly earnings releases, built communications around two major acquisitions totaling nearly $500 million in transaction value, organized investor roadshows, and handled all IR administration. The market cap exceeded $2 billion, with 75% institutional ownership and coverage by D.A. Davidson and KeyBanc

Former Director and CFO:
"Having worked with The Equity Group in the past, I had no hesitation in again engaging the firm when Sterling needed to institute an investor relations program. As I had expected, Sterling has been very satisfied with the quality of the work, breadth of contacts, and the responsiveness of the firm. We expect to continue with The Equity Group and to expand its role as Sterling grows.

Limbach Holdings, a Mechanical Contracting group, started in 2016 with a $60M market cap with no analyst coverage, and by the end of 2023 the market cap reached $500 million, a 733% increase after The Equity Group built their full IR program from scrtch post-SPAC.
Axsys Technologies in Defense/Aerospace Optics started in 2004 at $13/share with 30% institutional ownership. The Equity Group grew institutional holdings to 59% and the stock ultimately reached $54/share when Axsys was acquired by General Dynamics
The Equity Group helped Tecnoglass complete a SPAC merger and become the first Columbia-headquartered company listed on the NASDAQ, with the stock appreciating 75% within two years
Two River Bancorp, which started at $7.75/share with $70 million market cap, had its institutional ownership increased from 23% to 40% and the market to $175 million before the company was acquired by OceanFirst at $20.79/share

Now that you have seen their past work, look forward to what is next with Castellum. All those months of reaching out to management has paid off, and they have indeed listened to us. Let's keep it going.