---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040486"
form_type: "8-K"
ticker: "SIDU"
cik: "0001879726"
company_name: "Sidus Space Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:39:03.591368+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nasdaq to delist Sidus Space; bid price below $0.10 for 10 days; hearing planned

## Summary
- Nasdaq notified Sidus on Nov 7, 2023, that bid price was $0.10 or less for 10 consecutive trading days.
- Delisting from Nasdaq Capital Market scheduled for Nov 16, 2023, unless hearing is requested.
- Company intends to request a hearing, which will stay delisting pending Panel decision and any extension.
- Previously, Sidus had until March 11, 2024, to regain compliance with the $1.00 minimum bid price rule.
- Common stock (SIDU) to continue trading on Nasdaq at least until hearing process concludes.

## SEC filing metadata
- accession: 0001493152-23-040486
- form_type: 8-K
- ticker: SIDU
- cik: 0001879726
- company_name: Sidus Space Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879726/000149315223040486/0001493152-23-040486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879726/000149315223040486/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040486
- JSON: https://secwatch.observer/filing/0001493152-23-040486.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040486.txt

## Key facts
- Listing & Compliance Notices
  Sidus Space Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iii)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)(iii)
  source text: November 7, 2023, Nasdaq issued a letter to the Company that as of November 6, 2023, it determined that the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). As a result, Nasdaq has determined to delist the Company’s securities from The Nasdaq Capital Market, on November 16, 2023, unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company intends to request a hearing b
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879726/000149315223040486/0001493152-23-040486-index.htm

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