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Stock impact report

Sidus Space Announces Pricing of $58.5 Million Registered Direct Offering of Class A Common Stock [TheStreet.com]

Sidus Space, Inc. - Class A (SIDU) 
Company Research Source: TheStreet.com
PR Newswire CAPE CANAVERAL, Fla., April 19, 2026 CAPE CANAVERAL, Fla. April 19, 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 13,453,700 shares of its Class A common stock (or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) at an offering price of $4.35 per share (inclusive of the Pre-funded Warrant exercise price) for gross proceeds of approximately $58.5 million, before deducting the placement agent's fees and offering expenses. All of the shares of Class A common stock and Pre-funded Warrants are being offered by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes. The offering is expected to close on April 21, 2026, subject to customary closing conditions. ThinkEquity is acting as sole placement agent for the offering. Th Show less Read more
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