Sidus Space (Nasdaq: SIDU) priced a best-efforts registered direct offering of 19,685,039 shares of Class A common stock (or pre-funded warrants in lieu) at $5.08 per share, for gross proceeds of about $100 million before fees. The company said net proceeds will fund working capital and general corporate purposes. Closing is expected May 29, 2026, with ThinkEquity as sole placement agent.
Sidus Space (Nasdaq: SIDU) priced a best-efforts registered direct offering of 19,685,039 shares of Class A common stock (or pre-funded warrants in lieu) at $5.08 per share, for gross proceeds of about $100 million before fees and expenses. The company said it will use net proceeds for working capital and general corporate purposes. Closing is expected May 29, 2026. ThinkEquity is sole placement agent.
U.S. space stocks rose Wednesday as investors focused on SpaceX’s IPO filing, which they said could change how the sector is valued. Rocket Lab fell 0.7% while Planet Labs rose 1.8%; Intuitive Machines gained 8.5% and AST SpaceMobile jumped 4.8%. Space-focused ETFs were mixed, with Ark Space & Defense down 0.8%.
