Core Viewpoint - Sidus Space, Inc. has announced a best-efforts offering of 10,800,000 shares of its Class A common stock at a price of $1.50 per share, aiming to raise approximately $16.2 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on December 29, 2025, subject to customary closing conditions [2]. - ThinkEquity is acting as the sole placement agent for the offering [2]. - The shares will be offered under a shelf registration statement filed with the SEC, and a final prospectus supplement will be made available [2]. Group 2: Company Overview - Sidus Space is an innovative space and defense technology company that provides flexible and cost-effective solutions, including satellite manufacturing, AI-driven data solutions, and hardware manufacturing [4]. - The company operates a 35,000-square-foot facility for manufacturing, assembly, integration, and testing, located on Florida's Space Coast [4]. - Sidus Space serves a diverse clientele, including government, defense, intelligence, and commercial sectors globally [4].
Sidus Space Announces Pricing of Offering