Sidus Space Plans Major Capital Raise: 10.80 Million Shr at $1.50 Per Share

Sidus Space, Inc. (SIDU) has locked in the pricing for its Class A common stock offering, with shares being sold at $1.50 per shr. The company is preparing to release 10.80 million shares to the public, positioning itself for a significant capital injection into its operations.

The offering is projected to generate approximately $16.2 million in gross proceeds, before deducting placement agent fees and other associated expenses. This capital structure underscores the company’s focus on strengthening its financial position through direct share distribution rather than alternative funding mechanisms.

Use of Proceeds and Timeline

Management has indicated that the net proceeds will be allocated toward working capital needs and general corporate purposes, signaling a broad-based approach to operational expansion. The capital raise is anticipated to close on December 29, 2025, contingent upon standard closing conditions being met.

Offering Details

All Class A common stock shares are being offered directly by the company, eliminating intermediaries in the primary distribution. ThinkEquity is serving as the sole placement agent overseeing the offering mechanics and investor coordination.

This move reflects Sidus Space’s strategy to access capital markets directly, with each shr priced competitively at $1.50 to balance capital accumulation with shareholder dilution considerations.