Sidus Space

Sidus Space (SIDU) announced a public offering of 9.8 million Class A common shares at $1.00 per share, expecting gross proceeds of $9.8 million. The offering is set to close on September 16, 2025, with ThinkEquity as the sole placement agent. Net proceeds will go towards working capital and general corporate expenses. This capital raise aims to support Sidus Space’s operations and strategic investments amid rising competition in the space technology sector. The offering is based on a shelf registration statement filed with the SEC.