Sidus Space Prices Offering of 10.8M Shares at $1.50 Each, Expected to Raise $16.2M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Yahoo Finance
- Financing Plan: Sidus Space announced the pricing of 10.8 million shares of Class A common stock at $1.50 each, expecting to raise approximately $16.2 million, which will support the company's working capital and general corporate purposes.
- Offering Details: The offering is expected to close on December 29, 2025, with all shares being offered by the company, demonstrating a proactive response to market demand.
- Agent Role: ThinkEquity is acting as the sole placement agent for the offering, ensuring a smooth issuance process and enhancing market confidence.
- Compliance Assurance: The securities will be offered under a previously filed S-3 registration statement, ensuring compliance with SEC regulations, thereby reducing legal risks and bolstering investor trust.
SIDU
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About SIDU
Sidus Space, Inc. is a space mission enabler providing solutions, including custom satellite design, payload hosting, mission management, artificial intelligence (AI)-enhanced space-based sensor data-as-a-service and space manufacturing. Its flight modular satellite, LizzieSat is a 3D printed, multi-sensor, multi-mission satellite, offering a platform that can be adapted to integrate new technologies or customized and scaled to create a new satellite design to meet mission requirements. It also offers fully customized satellite design services for any mission in Leo, Geo, Cislunar or Lunar. It offers AI-enhanced Data-as-a-Service, utilizing the Orlaith AI ecosystem, which includes its FeatherEdge AI processor and Cielo AI solutions from space, on the LizzieSat platform to deliver data insights from space. Its 3D printing capabilities include functional prototypes and models, and production parts. It serves government, defense, intelligence and commercial companies around the globe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
