Sidus Space raises $58.5M through dilutive equity offering of 11.2M shares at $4.35

Filed April 20, 2026 · Period ending April 19, 2026 · ~1 min read

Key Changes

• high

  Company sold 11.2M shares at $4.35 and 2.2M pre-funded warrants at $4.35 (effectively), raising ~$58.5M gross proceeds before fees. This represents significant dilution to existing shareholders.

  Item 1.01 verify on EDGAR →
• high

  Proceeds will be used for working capital and general corporate purposes—no specific strategic initiative, acquisition, or debt reduction disclosed.

  Item 1.01 verify on EDGAR →
• medium

  ThinkEquity receives 6.5% cash fee (~$3.8M), up to $125K expense reimbursement, and warrants for 672,685 shares at $5.44 (25% above offering price), exercisable immediately for 5 years.

  Item 1.01 verify on EDGAR →