InvestmentApr 20, 2026, 05:17 PM
Sidus Space to Offer 13.45M Shares/Warrants at $4.35 via ThinkEquity
AI Summary
Sidus Space Inc. has entered into an exclusive placement agency agreement with ThinkEquity LLC for an offering of 13,453,700 shares of Class A common stock and/or pre-funded common stock purchase warrants. The shares will be offered at $4.35 each, while pre-funded warrants are priced at $4.3499 with an exercise price of $0.0001. ThinkEquity will act as the exclusive placement agent on a "reasonable best efforts" basis to assist the company in finding subscribers for the securities. The closing of the offering is anticipated on April 21, 2026.
Key Highlights
- Offering 13,453,700 shares/pre-funded warrants.
- Share offering price set at $4.35.
- Pre-funded warrants priced at $4.3499.
- ThinkEquity LLC is the exclusive placement agent.
- Closing expected on April 21, 2026.