Sidus Space board approves classified board structure with three classes

Sidus Space Inc.

On Sept 28, 2023, board approved amendment to bylaws creating three separate classes of directors.
The classified board structure staggers director terms, potentially affecting takeover defenses.
Amendment was filed as Exhibit 3.1 to this 8-K; no other changes to bylaws or fiscal year.

item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Sidus Space Inc.: Board of Directors classified into three separate classes (effective 2023-09-28).

Change: bylaw amendment
Effective: 2023-09-28

Exact text from the filing

On September 28, 2023, the Board of Directors of Sidus Space, Inc. (the “Company”) approved an amendment to the Company’s Amended and Restated Bylaws classifying the Board of Directors into 3 separate classes.

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Sidus Space Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-035025

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