{"id":648,"date":"2026-04-19T21:01:00","date_gmt":"2026-04-19T21:01:00","guid":{"rendered":"https:\/\/hyokal.com\/?p=648"},"modified":"2026-04-19T21:01:00","modified_gmt":"2026-04-19T21:01:00","slug":"cydus-space-announces-pricing-for-registered-direct-offering-of-58-5-million-of-class-a-common-stock","status":"publish","type":"post","link":"https:\/\/hyokal.com\/?p=648","title":{"rendered":"Cydus Space Announces Pricing for Registered Direct Offering of $58.5 Million of Class A Common Stock"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span class=\"legendSpanClass\">Cape Canaveral, Florida<\/span>, <span class=\"legendSpanClass\">April 19, 2026<\/span> \/PRNewswire\/ &#8212; Sidus Space, Inc. (NASDAQ: SIDU) (&#8220;Sidus&#8221; or the &#8220;Company&#8221;), an innovative space and defense technology company, today announced a best-effort registered direct offering of 13,453,700 shares of its Class A common stock (or alternatively, pre-funded warrants (&#8220;Pre-funded Warrants&#8221;)) at a price of $4.35. Gross proceeds per share (including the exercise price of the pre-funded warrants), before deducting placement agent fees and offering expenses, will be approximately $58.5 million. All shares of Class A common stock and prefunded warrants are being offered by the Company.<\/p>\n<p>The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.<\/p>\n<p>The offering is expected to close on April 21, 2026, subject to customary closing conditions.<\/p>\n<p>ThinkEquity acts as the sole referral agent for this product.<\/p>\n<p>The securities are being offered and sold pursuant to a shelf registration statement on Form S-3, including a base prospectus (File No. 333-292839), filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on January 20, 2026, and declared effective on February 4, 2026. The offering will be made only by means of a written prospectus. A final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC&#8217;s website. Copies of the final prospectus supplement and accompanying prospectus relating to the offering, when available, may also be obtained from the offices of ThinkEquity, 17 State Street, 41.<sup>cent<\/sup> Floor, New York, NY 10004.<\/p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p><b>About Sidus Space<\/b><\/p>\n<p>Sidus Space (NASDAQ: SIDU) is an innovative space and defense technology company that provides flexible, cost-effective solutions including satellite manufacturing and technology integration, AI-driven space-based data solutions, mission planning and management operations, AI\/ML products and services, and space and defense hardware manufacturing. With a mission of Space Access Reimagined\u00ae, Sidus Space is committed to rapid innovation, adaptive and cost-effective solutions, and optimization of space systems and data collection performance. Sidus Space has a demonstrated space heritage that includes manufacturing and operating a unique satellite and sensor system, LizzieSat\u00ae, serving government, defense, intelligence agencies, and commercial enterprises around the world. Strategically headquartered on Florida&#8217;s Space Coast, Sidus Space operates a 35,000 square foot space manufacturing, assembly, integration and test facility with easy access to nearby launch facilities. For more information, please visit sidusspace.com. <\/p>\n<p><b>Forward-looking statements<\/b><\/p>\n<p>Statements in this press release regarding future expectations, plans and prospects, and other statements regarding matters that are not historical facts, may constitute &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding the anticipated commencement and termination dates of the transaction. &#8220;anticipate&#8221;, &#8220;believe&#8221;, &#8220;continue&#8221;, &#8220;may&#8221;, &#8220;estimate&#8221;, &#8220;expect&#8221;, &#8220;intend&#8221;, &#8220;may&#8221;, &#8220;plan&#8221;, &#8220;could&#8221;, &#8220;anticipate&#8221;, &#8220;anticipate&#8221;, &#8220;should&#8221;, &#8220;anticipate&#8221; The words &#8220;will&#8221;, &#8220;will&#8221;, &#8220;will&#8221; and similar expressions are intended to identify forward-looking statements, but not all forward-looking statements include them. Identifying words. Actual results may differ materially from those indicated in such forward-looking statements as a result of various important factors. These include uncertainties related to market conditions and other factors described in more detail in the section entitled &#8220;Risk Factors&#8221; in Sidas Space&#8217;s prospectus supplement and annual report on Form 10-K for the year ended December 31, 2025 and other periodic reports filed with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of this press release, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p><b>contact address<\/b><\/p>\n<p><b>Investor information<br class=\"dnr\"\/><\/b><span class=\"__cf_email__\" data-cfemail=\"c6afa8b0a3b5b2a9b4ebb4a3aaa7b2afa9a8b586b5afa2b3b5b5b6a7a5a3e8a5a9ab\">[email\u00a0protected]<\/span><\/p>\n<p><b>media<br class=\"dnr\"\/><\/b><span class=\"__cf_email__\" data-cfemail=\"ed9d9f889e9ead9e8489989e9e9d8c8e88c38e8280\">[email\u00a0protected]<\/span><\/p>\n<p>Source Sidus Space Co., Ltd.<\/p>\n<p><\/p><\/div>\n<p>#Cydus #Space #Announces #Pricing #Registered #Direct #Offering #Million #Class #Common #Stock<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cape Canaveral, Florida, April 19, 2026 \/PRNewswire\/ &#8212; Sidus Space, Inc. (NASDAQ: SIDU) (&#8220;Sidus&#8221; or the &#8220;Company&#8221;), an innovative space and defense technology company, today announced a best-effort registered direct offering of 13,453,700 shares of its Class A common stock (or alternatively, pre-funded warrants (&#8220;Pre-funded Warrants&#8221;)) at a price of $4.35. Gross proceeds per share &#8230; <a title=\"Cydus Space Announces Pricing for Registered Direct Offering of $58.5 Million of Class A Common Stock\" class=\"read-more\" href=\"https:\/\/hyokal.com\/?p=648\" aria-label=\"Read more about Cydus Space Announces Pricing for Registered Direct Offering of $58.5 Million of Class A Common Stock\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[1335,1340,1332,672,1334,1338,1333,774,1339,1336,1337,1331,543,1341],"class_list":["post-648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-announces","tag-class","tag-co","tag-common","tag-cydus","tag-direct","tag-ltd","tag-million","tag-offering","tag-pricing","tag-registered","tag-sidus-space","tag-space","tag-stock"],"_links":{"self":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts\/648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=648"}],"version-history":[{"count":0,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/posts\/648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=\/wp\/v2\/media\/649"}],"wp:attachment":[{"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hyokal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}