🔴 SIDU is trading 5.5% down today after shareholders approve equity incentive plan expansion

SIDU is trading 5.5% down at $2.93 after shareholders approved a sizeable increase in the company's equity incentive plan share pool during the June 22 annual meeting.

• While investors approved the share pool expansion, they rejected a proposed evergreen provision intended to automatically increase shares annually.
• The stock continues a sharp multi-day decline from its June 11 high of $4.39, signaling persistent investor concern regarding dilution and reduced risk appetite for small-cap space equities.