Sidus Space appoints Adarsh Parekh as CFO, effective Jan 27, 2025

Sidus Space Inc.

Salary $325,000, annual bonus up to 40% of base, and 25,000 RSUs vesting over three years.
Parekh brings 20+ years of experience, previously CFO of Terran Orbital, and $3B in M&A/capital markets.
Will lead all financial operations, focusing on optimizing efficiency and advancing growth and profitability.
Employment agreement has one-year term with auto-renewal, non-compete, and termination severance provisions.

item 5.02 item 9.01

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Appointed

Adarsh Parekh

Chief Financial Officer

SIDU · Sidus Space Inc.

Effective: 2025-01-27
Filed: January 21, 2025, 6:59 PM ET

On January 14, 2025, Adarsh Parekh was appointed as Chief Financial Officer of the Company, effective January 27, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Adarsh Parekh was appointed as Chief Financial Officer at Sidus Space Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On January 14, 2025, Adarsh Parekh was appointed as Chief Financial Officer of the Company, effective January 27, 2025.

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Sidus Space Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-002956

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