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Sidus Space Announces Closing of Public Offering
Sidus Space raised $25 million by selling 19.2 million shares to fund marketing, product development, manufacturing, and operational growth, the company said.
- Sidus Space, Inc. announced the closing of a best‑efforts public offering of 19,230,800 Class A shares at $1.30 per share, raising $25 million gross proceeds.
- The securities were offered under a shelf registration on Form S‑3, with a written prospectus and final prospectus supplement filed with the U.S. Securities and Exchange Commission on July 26, 2023 and August 14, 2023.
- ThinkEquity acted as sole placement agent for the offering, all shares were offered by Sidus Space, Inc. , and copies of the final prospectus supplement are available from ThinkEquity offices in New York.
- Sidus intends to deploy net proceeds toward sales and marketing, operational costs, product development, manufacturing expansion, and working capital to support its Florida's Space Coast facility and launch‑adjacent operations.
- Sidus cautioned that actual results may differ materially because of market and other risks and disclaims any obligation to update forward‑looking statements under the Private Securities Litigation Reform Act of 1995.
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Sidus Space Announces Closing of Public Offering
CAPE CANAVERAL, Fla., Dec. 24, 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 public offering of 19,230,800 shares of its…
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Total News Sources41
Leaning Left4Leaning Right7Center12Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 17%
C 52%
R 31%
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