Sidus Space Prices Approximately $100 Million Public Offering of Shares and Warrants

Sidus Space, Inc. announced the pricing of a best efforts public offering expected to raise approximately $100 million in gross proceeds. The company entered into a placement agency agreement with ThinkEquity LLC for the sale of Class A common stock and pre-funded warrants. Net proceeds are intended for working capital and general corporate purposes.

Key Details

• Offering Details: The offering consists of 16,485,038 shares of Class A common stock at $5.08 per share and pre-funded warrants to purchase 3,200,001 shares of common stock at a purchase price of $5.0799 per warrant.
• Financial Terms: Gross proceeds are expected to be approximately $100 million before deducting placement agent fees and other offering expenses. The offering is expected to close on or about May 29, 2026.
• Placement Agent Compensation: ThinkEquity LLC will receive a cash fee equal to 6.5% of the gross proceeds, expense reimbursements up to $125,000, and warrants to purchase up to 984,252 shares of common stock at an exercise price of $6.35 per share.