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Sidus Space | 424B5: Prospectus

SEC announcement ·  Jan 31 06:06
Summary by Moomoo AI
Sidus Space, Inc., a U.S. commercial space company with a manufacturing business, has announced the offering of 1,181,800 shares of its Class A common stock at a price of $4.50 per share. Additionally, the company is offering pre-funded warrants to purchase up to 69,900 shares of Class A common stock, exercisable at $0.001 per share, with each pre-funded warrant priced at $4.499. The pre-funded warrants are immediately exercisable and may be exercised at any time until fully exercised. Sidus Space's Class A common stock is listed on The Nasdaq Capital Market under the symbol 'SIDU.' As of January 26, 2024, the last reported sale price was $8.91 per share. The company's public float was valued at $25,516,839 based on the closing price of...Show More
Sidus Space, Inc., a U.S. commercial space company with a manufacturing business, has announced the offering of 1,181,800 shares of its Class A common stock at a price of $4.50 per share. Additionally, the company is offering pre-funded warrants to purchase up to 69,900 shares of Class A common stock, exercisable at $0.001 per share, with each pre-funded warrant priced at $4.499. The pre-funded warrants are immediately exercisable and may be exercised at any time until fully exercised. Sidus Space's Class A common stock is listed on The Nasdaq Capital Market under the symbol 'SIDU.' As of January 26, 2024, the last reported sale price was $8.91 per share. The company's public float was valued at $25,516,839 based on the closing price of $16.97 per share on January 9, 2024. Sidus Space has sold $2 million in securities pursuant to General Instruction I.B.6 of Form S-3 during the prior 12-month calendar period. The company is eligible to offer and sell up to an aggregate of $6,505,613 million of its securities. Sidus Space is an emerging growth company and a smaller reporting company, and it has elected to comply with reduced public company reporting requirements. The offering is expected to close on or about February 1, 2024, with ThinkEquity acting as the underwriter.

This announcement is a separate document:

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