Sidus Space Unveils 10.80 Million Share Issuance at $1.50 Per Share

fork_in_the_road · 2025-12-31T15:53:45+00:00

Sidus Space, Inc. has announced a direct offering of 10.80 million shares at $1.50 each, aiming to raise about $16.2 million. Proceeds will enhance liquidity and support corporate initiatives, with closure expected by December 29, 2025.

fork_in_the_road

2025-12-31 15:53:45

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Space technology company Sidus Space, Inc. (SIDU) has announced details of its latest capital raise through a direct offering of Class A common stock. The offering comprises 10.80 million shares being priced at $1.50 per share, positioning the company to raise approximately $16.2 million in gross proceeds. After accounting for underwriting fees and associated transaction expenses, net proceeds will be directed toward operational liquidity and strategic corporate initiatives.

The offering structure places all shares directly through the company without intermediary distribution channels. ThinkEquity has been selected as the sole placement agent managing the transaction. Based on current projections, the offering is scheduled to close on December 29, 2025, pending satisfaction of standard regulatory and transactional closing requirements.

This capital injection underscores Sidus Space’s strategy to strengthen its balance sheet while maintaining operational flexibility. The timing and pricing reflect current market conditions for space industry participants. Investors should note that all forward-looking statements in this announcement are subject to risks and uncertainties typical in the aerospace sector.

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