---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029820"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:47:45.133543+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sidus Space acquires Exo-Space edge AI assets for $468k cash plus stock options

## Summary
- Acquisition closed Aug 21, 2023; total cash consideration ~$468,000.
- Issued inducement stock options for 3,955,212 shares at $0.16 exercise price (close on Aug 21).
- Exo-Space provides edge AI hardware/software for space; brings revenue stream through 2025.
- Deal projected to positively impact Sidus EBITDA and expand Earth/space observation offerings.
- Four Exo-Space employees (Allam, Lariviere, Lorden, Schaar) join Sidus with options vesting over 4 years.

## SEC filing metadata
- accession: 0001493152-23-029820
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000149315223029820/0001493152-23-029820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000149315223029820/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029820
- JSON: https://secwatch.observer/filing/0001493152-23-029820.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029820.txt

## Key facts
- M&A Transactions
  Sidus Space Inc. completed an acquisition involving Exo-Space Inc. for approximately $468,000 in cash (closed 2023-08-21).
  - Action: acquisition
  - Counterparty: Exo-Space Inc.
  - Consideration: approximately $468,000 in cash
  - Closing: 2023-08-21
  source text: and machine learning technology and software used for the on-orbit processing of data (the “Business”) from Exo-Space. The purchase price for the Assets was approximately $468,000 in cash. In addition, on August 18, 2023, the Company entered into a Sale of Business Non-Competition and Non-Solicitation Agreement with Exo-Space Inc. and each of Jeremy Allam
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879726/000149315223029820/0001493152-23-029820-index.htm
- Material Agreements
  Sidus Space Inc. entered into Asset Conveyance Agreement with Exo-Space Inc. valued at approximately $468,000 in cash (effective 2023-08-18).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Exo-Space Inc.
  - Value: approximately $468,000 in cash
  - Effective: 2023-08-18
  source text: On August 18, 2023, Sidus Space, Inc. (the "Company") entered into an Asset Conveyance Agreement (the "Purchase Agreement") with Exo-Space Inc., a Delaware corporation ("Exo-Space"), and certain shareholders thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879726/000149315223029820/0001493152-23-029820-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.