secwatch.observer — SEC 8-K summary
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Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001493152-23-040486
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315223040486/0001493152-23-040486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315223040486/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040486

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