US EditionPublished • loading... • Updated
Sidus Space Announces Closing of Public Offering
Sidus Space raised $16.2 million by selling 10.8 million shares at $1.50 each, intending to fund marketing, operations, product development, and manufacturing expansion.
- On Dec. 29, 2025, Sidus Space, Inc. announced it closed a best‑efforts offering of 10,800,000 Class A common stock shares at $1.50 each, raising approximately $16.2 million.
- The company said it will use net proceeds for sales and marketing, operational costs, product development, manufacturing expansion and working capital.
- ThinkEquity acted as sole placement agent and a final prospectus supplement and accompanying prospectus were filed with the U.S. Securities and Exchange Commission under a Form S‑3 registration.
- Strategically headquartered on Florida's Space Coast, Sidus Space, Inc. operates a 35,000‑square‑foot manufacturing, assembly, integration and testing facility and serves government, defense, intelligence and commercial customers with LizzieSat.
- A final prospectus supplement and accompanying prospectus were filed with the SEC and are available on the SEC website and from ThinkEquity, New York offices; the press release warns that forward‑looking statements cite risk factors in the prospectus and the company's 2024 Form 10‑K.
Insights by Ground AI
35 Articles
35 Articles
The Berkshire Eagle+33 Reposted by 33 other sources
Sidus Space Announces Closing of Public Offering
CAPE CANAVERAL, Fla., Dec. 29, 2025 /PRNewswire/ -- Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative space and defense technology company, today announced the closing of its previously announced best-efforts offering of 10,800,000 shares of its Class…
Coverage Details
Total News Sources35
Leaning Left4Leaning Right5Center14Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 17%
C 61%
R 22%
Factuality
To view factuality data please Upgrade to Premium
