Sidus Space (SIDU) Prices 30.3M Share Offering at $0.33/sh

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Sidus Space, Inc. Announces Pricing of $10 Million Public Offering

April 20, 2023 5:27 PM EDT

CAPE CANAVERAL, Fla.--(BUSINESS WIRE)-- Sidus Space, Inc. (Nasdaq: SIDU) a Space-as-a-Service satellite company, today announced the pricing of an underwritten public offering of 30,303,030 shares of its Class A common stock, or pre-funded warrants (the Pre-Funded Warrants) in lieu thereof, and 30,303,030 warrants. Each share of Class A common stock and accompanying warrant is being sold to the public at a combined price of $0.33. Each warrant allows the purchase of one share of Class A common stock. The gross proceeds to the Company from this offering are expected to be approximately $10 million before deducting... More