Sidus Space raises $100M through sale of 16.5M shares at $5.08, diluting existing holders

Filed May 28, 2026 · Period ending May 27, 2026 · ~1 min read

Key Changes

• high

  Company sold 16.5M shares at $5.08 plus 3.2M pre-funded warrants (exercisable at $0.001), representing ~20M shares of dilution to existing stockholders. Closing expected May 29, 2026.

  Item 1.01 verify on EDGAR →
• high

  Gross proceeds of ~$100M will fund working capital and general corporate purposes—no specific projects identified, suggesting liquidity needs rather than strategic investment.

  Item 1.01 verify on EDGAR →
• medium

  Placement agent ThinkEquity receives 6.5% cash fee (~$6.5M), up to $125K expenses, plus warrants for 984K shares exercisable at $6.35 for five years—additional dilution.

  Item 1.01 verify on EDGAR →