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Sidus Space Announces Pricing of $100 Million Registered Direct Offering of Class A Common Stock
The space technology company said net proceeds will fund working capital and general corporate purposes as the deal is expected to close May 29.
- On Wednesday, May 27, 2026, Sidus Space announced the pricing of a registered direct offering of 19,685,039 shares of Class A common stock at $5.08 per share, expected to raise approximately $100 million.
- Strategically headquartered on Florida's Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing facility and serves government, defense, intelligence, and commercial clients globally through its LizzieSat satellite system.
- ThinkEquity is acting as sole placement agent for the transaction, which is expected to close on Friday, May 29, 2026, subject to customary closing conditions.
- The Company intends to use net proceeds for working capital and general corporate purposes following the sale of Class A common stock and Pre-funded Warrants.
- Securities are being sold pursuant to a shelf registration statement on Form S-3, filed with the Securities and Exchange Commission on January 20, 2026, and declared effective on February 4, 2026.
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Sidus Space Announces Pricing of $100 Million Registered Direct Offering of Class A Common Stock
CAPE CANAVERAL, Fla., May 27, 2026 /PRNewswire/ -- Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative space and defense technology company, today announced the pricing of a best-efforts registered direct offering of 19,685,039 shares of its Class…
Sidus Space Announces $100 Million Direct Stock Offering, Closing Expected June 2026
Sidus Space recently announced the pricing of a $100 mi […] The post Sidus Space Announces $100 Million Direct Stock Offering, Closing Expected June 2026 first appeared on GeneOnline News. The post Sidus Space Announces $100 Million Direct Stock Offering, Closing Expected June 2026 appeared first on GeneOnline News.
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C 76%
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