secwatch / observer

Sidus Space Inc. — fact timeline

Source-grounded facts extracted from Sidus Space Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SIDU Sidus Space Inc. JSON

Alan Khalili was appointed as Chief Financial Officer at Sidus Space Inc..

“On July 22, 2026, Sidus Space, Inc. (the “Company”) appointed Alan Khalili as Chief Financial Officer, effective July 27, 2026.”
Shareholder Votes

Sidus Space Inc. shareholders rejected The amendment of the Company’s 2021 Omnibus Equity Incentive Plan to adopt an evergreen provision such that, beginning on January 1, 2027 and ending with the last January 1 during the initial ten-year term of the Plan, the share reserve under the 2021 Plan will be automatically increased by a number at the 2026-06-18 meeting.

“Proposal 4. The amendment of the Company’s 2021 Omnibus Equity Incentive Plan to adopt an evergreen provision such that, beginning on January 1, 2027 and ending with the last January 1 during the initial ten-year term of the Plan, the share reserve under the 2021 Plan will be automatically increased by a number of shares of our common stock equal to the lesser of (A) 5% of the aggregate number of shares of our common stock outstanding on the final day of the immediately preceding calendar year or (B) such smaller number of shares as is determined by our board of directors was not approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 5,958,921 5,959,444 240,477 25,793,893”
Shareholder Votes

Sidus Space Inc. shareholders approved The amendment of the Company’s 2021 Omnibus Equity Incentive Plan to increase the number of shares of Class A common stock reserved and available for awards thereunder to 4,800,000 from 800,000 was approved by the stockholders at the 2026-06-18 meeting.

“Proposal 3. The amendment of the Company’s 2021 Omnibus Equity Incentive Plan to increase the number of shares of Class A common stock reserved and available for awards thereunder to 4,800,000 from 800,000 was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 10,065,579 1,922,827 170,434 25,793,895”
Shareholder Votes

Sidus Space Inc. shareholders approved The appointment of Fruci & Associates, PLLC as the Company’s independent registered public accounting firm for its fiscal year ended December 31, 2026 was ratified and approved by the stockholders at the 2026-06-18 meeting.

“Proposal 2. The appointment of Fruci & Associates, PLLC as the Company’s independent registered public accounting firm for its fiscal year ended December 31, 2026 was ratified and approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 36,879,568 900,008 173,158 1”
Shareholder Votes

Sidus Space Inc. shareholders approved All of the six (6) nominees for director were elected to serve until the 2027 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. at the 2026-06-18 meeting.

“Proposal 1 . All of the six (6) nominees for director were elected to serve until the 2027 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death. The result of the votes to elect the six (6) directors was as follows: Directors For Against Abstain Broker Non Vote Carol Craig 11,588,678 0 570,166 25,793,891 Jeffrey Shuman 11,617,406 0 541,437 25,793,892 Tiffany Norwood 11,856,677 0 302,166 25,793,892 Kelle Wendling 11,868,381 0 290,463 25,793,891 Leonardo Riera 11,556,121 0 602,723 25,793,891 Lavanson Coffey III 11,417,673 0 741,169 25,793,892”
Material Agreements

Sidus Space Inc. entered into Placement Agency Agreement with ThinkEquity LLC valued at $100 million (effective 2026-05-27).

“On May 27, 2026, Sidus Space, Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with ThinkEquity LLC (“the “Placement Agent”), pursuant to which the Company agreed to issue and sell directly to investors, in a best efforts offering (the “Offering”) an aggregate of (i) 16,485,038 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 (the “Common Stock”), at an offering price of $5.08 per Share and (ii) pre-funded warrants (the “Pre-Funded Warrants” and together with the Shares, the “Securities”) to purchase up to 3,200,001 shares of Common Stock at an exercise price of $0.001 per share at a purchase price of $5.0799 per Pre-Funded Warrant.”
Earnings Releases

Sidus Space Inc. reported financial results for first quarter ended March 31, 2026.

“On May 14, 2026, Sidus Space, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026, and provided a business update.”
Material Agreements

Sidus Space Inc. entered into Placement Agency Agreement with ThinkEquity LLC valued at approximately $58.5 million (effective 2026-04-19).

“On April 19, 2026, Sidus Space, Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with ThinkEquity LLC (“the “Placement Agent”), pursuant to which the Company agreed to issue and sell directly to investors, in a best efforts offering (the “Offering”) an aggregate of (i) 11,228,700 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 (the “Common Stock”), at an offering price of $4.35 per Share and (ii) pre-funded warrants (the “Pre-Funded Warrants” and together with the Shares, the “Securities”) to purchase up to 2,225,000 shares of Common Stock at an exercise price of $0.001 per share at a purchase price of $4.3499 per Pre-Funded Warrant.”
Earnings Releases

Sidus Space Inc. reported full-year ended December 31, 2025 results: revenue $3.4 million.

“Total revenue for the twelve months ending December 31, 2025, was approximately $3.4 million”
Earnings Releases

Sidus Space Inc. reported financial results for fourth quarter ended December 31, 2025.

“On April 1, 2026, Sidus Space, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full-year ended December 31, 2025”
Material Agreements

Sidus Space Inc. entered into Sales Agreement with ThinkEquity LLC (effective 2026-02-26).

“On February 26, 2026, Sidus Space, Inc. (the “Company”) entered into an ATM sales agreement (the “Sales Agreement”) with ThinkEquity LLC (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time (the “Offering”) through the Sales Agent, shares (the “Shares”) of the Company’s Class A common stock”
Material Agreements

Sidus Space Inc. entered into Placement Agency Agreement with ThinkEquity LLC valued at approximately $16.2 million (effective 2025-12-26).

“On December 26, 2025, Sidus Space, Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with ThinkEquity LLC”
Material Agreements

Sidus Space Inc. entered into Placement Agency Agreement with ThinkEquity LLC valued at Offering of 19,230,800 shares at $1.30 per share; gross proceeds ~$25M; 7.0% cash fee; warrants for (effective 2025-12-22).

“On December 22, 2025, Sidus Space, Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with ThinkEquity LLC (“the “Placement Agent”), pursuant to which the Company agreed to issue and sell directly to investors, in a best efforts offering (the “Offering”) an aggregate of 19,230,800 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 (the “Common Stock”), at an offering price of $1.30 per Share.”
Governance Changes

Sidus Space Inc.: Changed quorum requirement for stockholder meetings to one-third of outstanding shares (effective 2025-06-20).

“On June 20, 2025, the Board of Directors of Sidus Space, Inc. (the “Company”) approved an amendment of the Company’s Bylaws (the “Bylaws”) to change the quorum for stockholder meetings to equal one-third (33.33%) of the shares issued and outstanding and entitled to vote on the matters at the meeting.”

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

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

Teresa Burchfield was appointed as Chief Financial Officer (interim) at Sidus Space Inc..

“Teresa Burchfield, the Company’s Controller and former Chief Financial Officer, will take over Mr. White’s duties on an interim basis until a successor Chief Financial Officer can be appointed.”

Bill White was terminated as Chief Financial Officer at Sidus Space Inc..

“On January 10, 2025, Sidus Space, Inc. (the “Company”) terminated the employment of Bill White, the Company’s Chief Financial Officer, without cause pursuant to Section 6.1 of the employment agreement dated February 6, 2024 between the Company and Mr. White.”

Lavanson C. "LC" Coffey III was appointed as director at Sidus Space Inc..

“On August 27, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Lavanson C. “LC” Coffey III as a director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.”

Jeffrey Shuman was appointed as director at Sidus Space Inc..

“On July 8, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Jeffrey Shuman as a director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.”
Auditor Changes

Sidus Space Inc. engaged Fruci & Associates II, PLLC as its auditor.

“On May 7, 2024, the Company engaged Fruci & Associates II, PLLC ("Fruci") as BF Borgers' replacement.”
Auditor Changes

Sidus Space Inc. dismissed BF Borgers CPA PC as its auditor.

“Effective May 3, 2024, Sidus Space, Inc. (the "Company) dismissed BF Borgers CPA PC ("BF Borgers") as its independent registered public accounting firm.”
Earnings Releases

Sidus Space Inc. reported the full year ended December 31, 2023 results: revenue approximately $6.0 million, net income $14.3 million.

“Financial Highlights for the Full Year Ending December 31, 2023: Total revenue for the twelve months ended December 31, 2023 totaled approximately $6.0 million, a decrease of $1.3 million compared to total revenue for the twelve months ended December 31, 2022. This decrease was primarily driven by the timing of fixed price milestone contracts offset by satellite payload revenue. Cost of revenue decreased 26% for the twelve months ended December 31, 2023 to approximately $4.3 million as compared to approximately $5.9 million for the twelve months ended December 31, 2022. The decrease was primarily driven by a mix of contracts and an increase in our higher margin satellite related business, which helped offset continued increased supply chain related costs in the manufacturing side of our business. Gross profit increased 14% for the twelve months ended December 31, 2023 to approximately $1.6 million as compared to approximately $1.4 million for the twelve months ended December 31, 202”
Material Agreements

Sidus Space Inc. entered into Underwriting Agreement with ThinkEquity LLC valued at $7 million (effective 2024-02-29).

“On February 29, 2024, Sidus Space, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with ThinkEquity LLC (the “Representative”), as the representative of the underwriters named therein (the “Underwriters”), relating to a firm commitment underwritten public offering (the “Offering”) of 1,321,000 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”) at a price to the public of $6.00 per Share.”

Teresa Burchfield departed as Chief Financial Officer at Sidus Space Inc..

“In addition, on February 6, 2024, Teresa Burchfield, the Chief Financial Officer of the Company informed the Company of her intention to step down from her position”

Bill White was appointed as Chief Financial Officer at Sidus Space Inc..

“On February 6, 2024, Bill White was appointed as Chief Financial Officer of Sidus Space, Inc. (the “Company”), effective February 20, 2024.”
Material Agreements

Sidus Space Inc. entered into Underwriting Agreement with ThinkEquity LLC (effective 2024-01-29).

“On January 29, 2024, Sidus Space, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with ThinkEquity LLC (the “Representative”), as the representative of the underwriters named therein (the “Underwriters”), relating to a firm commitment underwritten public offering”

Richard J. Berman was appointed as Director at Sidus Space Inc..

“On January 18, 2024, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Richard J. Berman as a non-independent director, effective immediately, for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.”
Governance Changes

Sidus Space Inc.: Certificate of amendment to effect a 1-for-100 reverse stock split of common stock (effective 2023-12-19).

“the Company filed with the Secretary of State of the State of Delaware a certificate of amendment to its certificate of incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split. The Reverse Stock Split became effective as of 4:01 p.m. Eastern Time on December 19, 2023”
Material Agreements

Sidus Space Inc. amended First Amendment to the Revenue Loan and Security Agreement with Carol Craig and Decathlon Alpha IV, L.P. (effective 2023-11-16).

“Sidus Space, Inc. (the “Company”) entered into the First Amendment to the Revenue Loan and Security Agreement by and among Carol Craig and Decathlon Alpha IV, L.P. (the “Amendment”) that was originally entered into on December 3, 2021 (the “Agreement”).”
Earnings Releases

Sidus Space Inc. reported third quarter ended September 30, 2023 results: revenue $986,000 for the quarter ended September 30, 2023.

“On November 14, 2023, Sidus Space, Inc. issued a press release announcing a business update and financial results for the third quarter ended September 30, 2023.”
Listing & Compliance Notices

Sidus Space Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iii)).

“November 7, 2023, Nasdaq issued a letter to the Company that as of November 6, 2023, it determined that the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). As a result, Nasdaq has determined to delist the Company’s securities from The Nasdaq Capital Market, on November 16, 2023, unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company intends to request a hearing b”

Jamie Adams resigned as Director at Sidus Space Inc..

“Mr. Adams resigned as a member of the Board of Directors of the Company.”

Jamie Adams departed as Chief Technology Officer at Sidus Space Inc..

“Jamie Adams stepped down from his position as Chief Technology Officer.”
Governance Changes

Sidus Space Inc.: Filed Certificate of Designations for Series A Convertible Preferred Stock (effective 2023-10-12).

“On October 12, 2023, the Company filed the Certificate of Designations of Preferences, Rights and Limitations of Series A Preferred Stock (the “Certificate of Designations”), designating 2,000 shares of Series A Preferred Stock, with the Secretary of State of the State of Delaware.”
Governance Changes

Sidus Space Inc.: Declassified the Board of Directors by amending the Amended and Restated Bylaws (effective 2023-10-09).

“On October 9, 2023, the Board approved an amendment to the Bylaws to declassify the Board.”
Material Agreements

Sidus Space Inc. entered into Purchase Agreement with certain institutional investors valued at $2 million (effective 2023-10-11).

“On October 11, 2023, Sidus Space, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors, pursuant to which the Company agreed to issue and sell to such investor, in a registered direct offering (the “Offering”), an aggregate of 2,000 shares of the Company’s Series A convertible preferred stock, par value $0.0001 per share and stated value of $1,000 per share (the “Series A Preferred Stock”) at an offering price of $1,000 per share.”
Governance Changes

Sidus Space Inc.: Board of Directors classified into three separate classes (effective 2023-09-28).

“On September 28, 2023, the Board of Directors of Sidus Space, Inc. (the “Company”) approved an amendment to the Company’s Amended and Restated Bylaws classifying the Board of Directors into 3 separate classes.”
M&A Transactions

Sidus Space Inc. completed an acquisition involving Exo-Space Inc. for approximately $468,000 in cash (closed 2023-08-21).

“and machine learning technology and software used for the on-orbit processing of data (the “Business”) from Exo-Space. The purchase price for the Assets was approximately $468,000 in cash. In addition, on August 18, 2023, the Company entered into a Sale of Business Non-Competition and Non-Solicitation Agreement with Exo-Space Inc. and each of Jeremy Allam”
Material Agreements

Sidus Space Inc. entered into Asset Conveyance Agreement with Exo-Space Inc. valued at approximately $468,000 in cash (effective 2023-08-18).

“On August 18, 2023, Sidus Space, Inc. (the "Company") entered into an Asset Conveyance Agreement (the "Purchase Agreement") with Exo-Space Inc., a Delaware corporation ("Exo-Space"), and certain shareholders thereof.”
Earnings Releases

Sidus Space Inc. reported the second quarter ended June 30, 2023 results: revenue $1.4 million.

“a high-margin, rapidly-scalable, recurring-revenue business model,” continued Craig. Financial Highlights for the Quarter Ending June 30, 2023 ● Sidus reported revenue of 1.4 million for the quarter ended June 30, 2023, compared to $1.8 million for the same period in 2022. While revenue declined period-over-period, primarily due to timing of fixed price”
Shareholder Votes

Sidus Space Inc. shareholders approved Approval of issuance of Class A common stock to B. Riley Principal Capital II, LLC in excess of exchange cap per Common Stock Purchase Agreement dated August 10, 2022 at the 2023-06-28 meeting.

“Proposal 4. The proposal to approve, in accordance with Nasdaq Marketplace Rule 5635(b), the issuance of our Class A common stock to B. Riley Principal Capital II, LLC in excess of the exchange cap of the Common Stock Purchase Agreement dated August 10, 2022 by and between the Company and B. Riley was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 103,978,920 1,697,910 68,769 10,271,630”
Shareholder Votes

Sidus Space Inc. shareholders approved Amend certificate of incorporation to increase authorized Class A common stock from 100,000,000 to 200,000,000 at the 2023-06-28 meeting.

“Proposal 3. The proposal to amend our amended and restated certificate of incorporation to increase the number of shares of authorized Class A common stock from 100,000,000 to 200,000,000 was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 112,977,989 2,896,252 142,988 0”
Shareholder Votes

Sidus Space Inc. shareholders approved Ratification of appointment of BF Borgers CPA PC as independent registered public accounting firm at the 2023-06-28 meeting.

“Proposal 2. The appointment of BF Borgers CPA PC as the Company’s independent registered public accounting firm for its fiscal year ended December 31, 2023 was ratified and approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 114,809,713 848,545 358,970 1”
Shareholder Votes

Sidus Space Inc. shareholders approved Election of five nominees for director at the 2023-06-28 meeting.

“Proposal 1 . All of the five (5) nominees for director were elected to serve until the 2024 Annual Meeting of Stockholders or until their respective successors have been duly elected and qualified, or until such director’s earlier resignation, removal or death.”
Earnings Releases

Sidus Space Inc. reported first quarter ended March 31, 2023 results: revenue $2,263,627.

“launches over the next 24 months. “ said Carol Craig, Founder and CEO of Sidus Space. Financial Highlights for the quarter Ending March 31, 2023 ● Revenue increased to $2,263,627 for the quarter ended March 31, 2023, compared to $1,799,335 for the same period in 2022. Revenue growth of 26% is primarily attributable to more than doubling satellite revenue,”

Leonardo Riera was elected as independent director and Lead Independent Director at Sidus Space Inc..

“On April 5, 2023, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) increased the size of the Board to six members and elected Leonardo Riera as an independent director and named him Lead Independent Director, effective immediately for a term continuing to the Company’s next annual meeting of shareholders, when all directors will be subject to election by shareholders.”
Listing & Compliance Notices

Sidus Space Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“March 14, 2023, Sidus Space, Inc. (the “Company”) received written notice (the “ Notice ”) from the Nasdaq Stock Market, LLC (“ Nasdaq ”) indicating that the bid price for the Company’s common stock (the “Common Stock”), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The Notice has no effect at this time of the Common Stock, which continues to trade on the”
Earnings Releases

Sidus Space Inc. reported the year ended December 31, 2022 results: revenue $7.3 million.

“Revenue increased to $7.3 million for the year ended December 31, 2022 from $1.4 million in the comparable period of 2021, an increase of 418%.”
Earnings Releases

Sidus Space Inc. reported the third quarter ended September 30, 2022 results: revenue $1.32 million.

“Revenue increased to $1.32 million for the three months ended September 30, 2022 from $500,000 in the comparable period of 2021, an increase of 164%.”
Shareholder Votes

Sidus Space Inc. shareholders approved Ratification of appointment of BF Borgers CPA PC as independent registered public accounting firm for fiscal year ended December 31, 2022 at the 2022-11-01 meeting.

“Proposal 2. The appointment of BF Borgers CPA PC as the Company’s independent registered public accounting firm for its fiscal year ended December 31, 2022 was ratified and approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non Vote 101,812,375 726,796 38,574 1”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.