{"id":886070,"date":"2025-09-14T18:51:03","date_gmt":"2025-09-14T22:51:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-announces-pricing-of-public-offering\/"},"modified":"2025-09-14T18:51:03","modified_gmt":"2025-09-14T22:51:03","slug":"sidus-space-announces-pricing-of-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-announces-pricing-of-public-offering\/","title":{"rendered":"Sidus Space Announces Pricing of Public Offering"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sidus Space Announces Pricing of Public Offering<\/b><\/p>\n<p>CAPE CANAVERAL, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSidus Space, Inc. (Nasdaq: SIDU) (&#8220;Sidus&#8221; or the &#8220;Company&#8221;), an innovative, agile space and defense technology company providing flexible, cost-effective solutions to government, defense, intelligence, and commercial companies around the globe, today announced the pricing of a best-efforts public offering of 9,800,000 shares of its Class A common stock. Each share of Class A common stock is being sold at a public offering price of $1.00 per share. Total gross proceeds are expected to be approximately $9.8 million, before deducting the placement agent\u2019s fees and offering expenses. All of the shares of Class A common stock are being offered by the Company.<\/p>\n<p>\nThe Company intends to use the net proceeds from the offering for working capital and general corporate purposes.<\/p>\n<p>\nThe offering is expected to close on September 16, 2025, subject to customary closing conditions.<\/p>\n<p>\nThinkEquity is acting as sole placement agent for the offering.<\/p>\n<p>\nThe securities will be offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-273430), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on July 26, 2023 and declared effective on August 14, 2023. The offering will be made only by means of a written prospectus. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been filed with the SEC on its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54323798&amp;newsitemid=20250914516424&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=5693691c66c0078529f1a4e33ac3b6af\">www.sec.gov<\/a>. A final prospectus supplement and accompanying prospectus related to the offering will be filed with the SEC and made available on the SEC\u2019s website. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained, when available, from the offices of ThinkEquity, 17 State Street, 41<sup>st<\/sup> Floor, New York, New York 10004.<\/p>\n<p>\nThis press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p><b>About Sidus Space<\/b><\/p>\n<p>\nSidus Space (NASDAQ: SIDU) is an innovative, agile U.S. space and defense technology company offering flexible, cost-effective solutions, including satellite manufacturing and technology integration, AI-driven spaced-based data solutions, mission planning and management operations, AI\/ML products and services, and space and defense hardware manufacturing. With its mission of Space Access Reimagined\u00ae, Sidus Space is committed to rapid innovation, adaptable and cost-effective solutions, and the optimization of space system and data collection performance. With demonstrated space heritage, including manufacturing and operating its own satellite and sensor system, LizzieSat\u00ae, Sidus Space serves government, defense, intelligence, and commercial companies around the globe. Strategically headquartered on Florida\u2019s Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration, and testing facility and provides easy access to nearby launch facilities. For more information, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sidusspace.com&amp;esheet=54323798&amp;newsitemid=20250914516424&amp;lan=en-US&amp;anchor=www.sidusspace.com&amp;index=2&amp;md5=bb7dc42ec3e12dc7146604594fbe95d6\">www.sidusspace.com<\/a>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute \u2018forward-looking statements\u2019 within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words \u2018anticipate,\u2019 \u2018believe,\u2019 \u2018continue,\u2019 \u2018could,\u2019 \u2018estimate,\u2019 \u2018expect,\u2019 \u2018intend,\u2019 \u2018may,\u2019 \u2018plan,\u2019 \u2018potential,\u2019 \u2018predict,\u2019 \u2018project,\u2019 \u2018should,\u2019 \u2018target,\u2019 \u2018will,\u2019 \u2018would\u2019 and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled \u2018Risk Factors\u2019 in Sidus Space\u2019s prospectus supplement and Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250914516424r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250914516424\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250914516424\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@sidusspace.com\">investorrelations@sidusspace.com<\/a><\/p>\n<p><b>Media<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:press@sidusspace.com\">press@sidusspace.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Data Management Aerospace Technology Manufacturing Other Communications Communications Satellite Telecommunications Internet Engineering Mobile\/Wireless<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250914516424\/en\/1333468\/3\/Siduslogo800w_1.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sidus Space Announces Pricing of Public Offering CAPE CANAVERAL, Fla.&#8211;(BUSINESS WIRE)&#8211; Sidus Space, Inc. (Nasdaq: SIDU) (&#8220;Sidus&#8221; or the &#8220;Company&#8221;), an innovative, agile space and defense technology company providing flexible, cost-effective solutions to government, defense, intelligence, and commercial companies around the globe, today announced the pricing of a best-efforts public offering of 9,800,000 shares of its Class A common stock. Each share of Class A common stock is being sold at a public offering price of $1.00 per share. Total gross proceeds are expected to be approximately $9.8 million, before deducting the placement agent\u2019s fees and offering expenses. All of the shares of Class A common stock are being offered by the Company. The Company intends to use the net &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-announces-pricing-of-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sidus Space Announces Pricing of Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-886070","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sidus Space Announces Pricing of Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sidus-space-announces-pricing-of-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sidus Space Announces Pricing of Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sidus Space Announces Pricing of Public Offering CAPE CANAVERAL, Fla.&#8211;(BUSINESS WIRE)&#8211; Sidus Space, Inc. 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