Insider Brief:
- Sidus Space, Inc. has finalized its public offering of 1,321,000 shares of its Class A common stock.
- The offering was priced at $6.00 per share and generated $7,926,000 in gross proceeds.
- ThinkEquity served as the sole book-running manager.
Sidus Space, Inc. a leading Space and Data-as-a-Service company, has finalized its public offering of 1,321,000 shares of its Class A common stock, generating gross proceeds of $7,926,000 as announced by the company.
The offering, priced at $6.00 per share, saw ThinkEquity serving as the sole book-running manager. Proceeds from the offering are earmarked for working capital and general corporate purposes, positioning Sidus for continued innovation and growth.
This successful offering comes as Sidus leverages its multi-faceted approach to space technology and data services. With a focus on efficiency and reliability, Sidus is poised to capitalize on emerging opportunities within the space sector.
Investors and industry observers alike can access the final prospectus supplement and accompanying materials via the U.S. Securities and Exchange Commission’s website. This offering was conducted in accordance with an effective shelf registration statement, demonstrating Sidus’s commitment to transparency and regulatory compliance.
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