Summary by Moomoo AI
Sidus Space, Inc. (Sidus) has filed an amendment to its 2021 Omnibus Equity Incentive Plan with the Securities and Exchange Commission. The amendment seeks to increase the number of shares of Class A common stock available for awards under the plan to 800,000 shares. This move is intended to enable Sidus to continue offering equity-based compensation to attract, retain, and motivate key personnel. The decision to amend the plan was approved by the Audit Committee and the Board of Directors and is subject to stockholder approval at the upcoming Annual Meeting of Stockholders scheduled for June 25, 2024. The meeting will also include the election of five board members and the ratification of Fruci & Associates II, PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2024.