Sidus Space Raises $16.2M Via Class A Equity Offering at $1.50 Per Share

fren_with_benefits · 2026-01-04T16:12:16+00:00

Sidus Space, Inc. is offering 10.80 million shares of Class A common stock at $1.50 each, aiming to raise approximately $16.2 million for working capital and growth initiatives. The offering will close on December 29, 2025, managed by ThinkEquity, enhancing institutional credibility.

fren_with_benefits

2026-01-04 16:12:16

Abstract generation in progress

Sidus Space, Inc. (SIDU) just locked in the pricing for its Class A common stock offering—10.80 million shares moving at $1.50/shr, bringing total gross proceeds to approximately $16.2 million before agent fees and other costs.

The company is steering all proceeds toward working capital and general corporate initiatives, a typical move for companies looking to bolster operational liquidity and fund strategic expansion. With all shares being distributed directly by the company itself rather than through multiple channels, this keeps the offering streamlined and efficient.

Timing-wise, the deal is slated to wrap up on December 29, 2025, contingent on the usual closing conditions that accompany such transactions. ThinkEquity is managing the placement duties as the sole placement agent, giving the offering institutional credibility.

For investors tracking Sidus Space’s capital strategy, this equity raise provides a clear window into how the company is positioning itself operationally. The pricing at $1.50 per share and the scale of this offering—10.80 million shares—underscores the company’s approach to funding growth while maintaining shareholder structure through direct issuance.

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