Sidus Space sets terms for $9.8 million stock sale

Sidus Space announced it has priced a best-efforts public offering of 9.8 million shares of its Class A common stock at $1.00 per share. The transaction is expected to generate gross proceeds of approximately $9.8 million before deducting placement agent fees and other expenses.

All shares are being issued by the company, which plans to apply the net proceeds toward working capital and gen