AGM/EGMApr 28, 2026, 05:27 PM
SIDU Annual Meeting on June 18, 2026; Key Equity Plan Amendments
AI Summary
Sidus Space Inc. (SIDU) announced its Annual Meeting of Stockholders to be held on June 18, 2026. Stockholders will vote on the election of six directors, the ratification of the independent auditor, and two amendments to the 2021 Omnibus Equity Incentive Plan. The proposed amendments include increasing the shares reserved for awards to 4,800,000 from 800,000 and adopting an evergreen provision for automatic annual increases.
Key Highlights
- Sidus Space Inc. (SIDU) to hold Annual Meeting of Stockholders on June 18, 2026.
- Stockholders to vote on electing six members to the Board of Directors.
- Proposal to ratify Fruci & Associates II, PLLC as independent auditors for fiscal year 2026.
- Amendment to 2021 Omnibus Equity Incentive Plan to increase Class A common stock reserved to 4,800,000 from 800,000.
- Amendment to 2021 Omnibus Equity Incentive Plan to adopt an evergreen provision, automatically increasing share reserve annually by up to 5% of outstanding common stock.
- Record Date for voting is April 28, 2026.
- Quorum requires 26,921,619 shares to be represented in person or by proxy.
- Five out of six incumbent directors are considered independent.
Price Impact
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