Business
Sidus Space Announces Pricing of $100 Million Registered Direct Offering of Class A Common Stock
Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative space and defense technology company, today announced the pricing of a best-efforts registered direct offering of 19,685,039 shares of its Class A common stock (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at an offering price of $5.08 per share (inclusive of the Pre-funded Warrant exercise price), priced at-the-market under Nasdaq rules. Total gross proceeds from the offering, before deducting the plac
About this update from Sidus Space, Inc.
[{"type":"text","content":"CAPE CANAVERAL, Fla., May 27, 2026 /PRNewswire/ -- Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative space and defense technology company, today announced the pricing of a best-efforts registered direct offering of 19,685,039 shares of its Class A common stock (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at an offering price of $5.08 per share (inclusive of the Pre-funded Warrant exercise price), priced at-the-market under Nasdaq rules. Total gross proceeds from the offering, before deducting the placement agent fee and other offering expenses, are expected to be approximately $100 million. All of the shares of Class A common stock and Pre-funded Warrants are being offered by the Company.","length":772,"tagName":"p"},{"type":"image","alt":"2026 Sidus Logo with Tag (PRNewsfoto/Sidus Space)","displaySize":"","headline":null,"caption":"2026 Sidus Logo with Tag (PRNewsfoto/Sidus Space)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":191,"url":"https://media.zenfs.com/en/prnewswire.com/0da24b7dfa45072d7ed0048d9f7f5ab5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/qJccUcyocyDAq0rfLlAJJg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNw--/https://media.zenfs.com/en/prnewswire.com/0da24b7dfa45072d7ed0048d9f7f5ab5","width":400,"height":191},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/3Zr_3zCAnZvYyyXvw2fdOQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMwNg--/https://media.zenfs.com/en/prnewswire.com/0da24b7dfa45072d7ed0048d9f7f5ab5","width":400,"height":191}},"href":"https://mma.prnewswire.com/media/2850474/2026_Stacked_SpaceAccess_Dark_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.","length":113,"tagName":"p"},{"type":"text","content":"The offering is expected to close on May 29, 2026, subject to customary closing conditions.","length":91,"tagName":"p"},{"type":"text","content":"ThinkEquity is acting as sole placement agent for the offering.","length":63,"tagName":"p"},{"type":"text","content":"The securities will be offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-292839), including a base prospectus, filed with the U.S. Securities and Exchange Commis...