secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001493152-23-043792
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space amends revenue loan, extends maturity to Dec 9, 2024
----------------------------------------------------------------

- First Amendment to Revenue Loan and Security Agreement with Decathlon Alpha IV, L.P. and Carol Craig.
- Maturity date extended to December 9, 2024, from earlier date; fixed monthly payments start Dec 15, 2023.
- If Craig Technical Consulting loan paid by Dec 15, 2023, IRR target reduced from 34% to 31.96%.
- Company to reimburse lender for amendment-related fees and expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315223043792/0001493152-23-043792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315223043792/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-043792

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer