#United States #Public Offering #Sidus Space #NASDAQ SIDU #Cape Canaveral, Florida

Sidus Space Public Offering Announcement

In a significant move for investors and followers of the aerospace and defense sector, Sidus Space, Inc. (NASDAQ: SIDU) has made headlines with its announcement regarding the pricing of a public offering. This innovative company, which specializes in space technology and defense systems, reported that it plans to sell a total of 19,230,800 shares of its Class A common stock at a public offering price of $1.30 per share.

This offering is expected to yield approximately $25 million in gross proceeds, although this figure is before the deduction of fees associated with the placement agent and other offering expenses. The funds raised from this initiative are earmarked for several critical areas that support the company’s expansion and operational efficiency.

Use of Proceeds

The net proceeds from the public offering will be strategically allocated to key areas such as:

• - Sales and Marketing: To broaden their market reach and enhance visibility.
• - Operational Costs: To ensure smooth functioning of day-to-day business operations.
• - Product Development: To innovate and enhance current offerings, ensuring competitive positioning in the market.
• - Manufacturing Expansion: To increase production capacity to meet growing demand.
• - Working Capital and General Corporate Purposes: To provide financial flexibility and support overall business initiatives.

Offering Details

The anticipated closing of this transaction is set for December 24, 2025, which remains contingent upon customary closing conditions. ThinkEquity has been appointed as the exclusive placement agent for this public offering.

The securities will be offered according to a shelf registration statement on Form S-3 that has already been filed with the U.S. Securities and Exchange Commission (SEC). The registration has been declared effective, allowing Sidus to proceed with this offering. For those interested in acquiring shares, a written prospectus detailing the terms of the offering will be available. Additionally, both the preliminary and final prospectus supplements provide essential information about the offering.

Mission and Future Outlook

Sidus Space stands out as a pioneer in the landscape of innovative space and defense solutions, offering a range of services that includes satellite manufacturing, AI-driven data solutions, and hardware production. Their commitment under the principle of Space Access Reimagined® speaks to their dedication to making space technologies more accessible and efficient.

Founded with a mission to usher in rapid innovations within the industry, Sidus Space boasts a robust operational footprint. With a substantial 35,000-square-foot facility located strategically on Florida's Space Coast, they have both the space and the logistics to support extensive manufacturing and integration processes. Their capabilities also include having their own satellite and sensor systems operational in space, enabling them to cater effectively to government, defense, intelligence, and commercial sectors worldwide.

Conclusion

As Sidus Space prepares for this public offering, investors should keep a close eye on market reactions and the company’s performance post-offering. With strong fundamentals and a strategic plan for the use of proceeds, Sidus appears well-positioned for growth. As always, potential investors are encouraged to conduct thorough research and consider market conditions before participating in any stock offerings.

For more information about Sidus Space and their offerings, visit sidusspace.com.

Disclaimer: This press release serves as an informative piece and does not constitute an offer to sell or a solicitation to buy shares of Sidus Space or any other securities in any jurisdiction where such actions would be unlawful.