other_material
confidence high
sentiment neutral
materiality 0.70
Sidus Space prices 9.8M share public offering at $1.00 for $9.8M gross; appoints Lawrence Hollister as CBO
Sidus Space Inc.
- Offering of 9.8M shares at $1.00 per share, expected gross proceeds $9.8M, closing Sept 16, 2025.
- Proceeds used for working capital and general corporate purposes; ThinkEquity sole placement agent.
- Placement agent fee of 7.0% of proceeds plus warrants to purchase 490K shares at $1.25 for 5 years.
- Lawrence Hollister appointed Chief Business Officer effective Sept 15, 2025, reporting to CEO Carol Craig.
- Hollister previously at Anduril Industries and KLAS Government; tasked with expanding government/commercial markets.
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