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

Issuer:     Sidus Space Inc. (SIDU)
CIK:        0001879726
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001493152-25-013604
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sidus Space prices 9.8M share public offering at $1.00 for $9.8M gross; appoints Lawrence Hollister as CBO
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879726/000149315225013604/0001493152-25-013604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879726/000149315225013604/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-013604

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