Sidus Space, Inc. Announces $25 Million Best Efforts Offering of Common Stock

Sidus Space, Inc. has entered into a placement agency agreement with ThinkEquity LLC for a best efforts offering of 19,230,800 shares of its Class A common stock at $1.30 per share. The offering is expected to raise approximately $25 million before fees and expenses. The company plans to use the net proceeds for sales and marketing, operational costs, product development, manufacturing expansion, and working capital. The placement agent will receive a 7.0% cash fee and warrants to purchase an additional 961,540 shares of common stock. The offering is being made under an effective registration statement on Form S-3 and is expected to close on December 24, 2025. The company also announced the launch and pricing of the offering via press releases.