Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 582

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 582
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 valued at $25,270.

Fiscal
year 2023

On
January 30, 2023, the Company offered an aggregate of up to 26,400 shares of our Class A common stock and pre-funded warrants to purchase
up to an aggregate 123,600 shares of Class A common stock. In addition, the company issued 22,500 prefunded warrants to cover over-allotments.
All pre-funded warrants were exercised and total issued stock in this offering was 172,500 aggregate shares of Class A common stock.
The purchase price for each share of Class A common stock was $30.0. Warrants equal to 4% of the number of securities issued by the Company
in the offering were issued to the underwriter at an exercise price of 125% of the offering price per share. Gross proceeds from the
offering were approximately $5.2 million, and net proceeds of approximately $4.6 million after underwriter expenses.

    F-22

On
April 20, 2023, the Company sold an aggregate of 85,720 shares of our Class A Common Stock and pre-funded warrants to purchase up to
an aggregate 217,310 shares of Class A Common Stock and warrants to purchase up to 303,030 shares of Class A Common Stock. In addition,
the Company sold 37,880 shares of Class A Common Stock and 37,880 of accompanying warrants to purchase shares of Class A Common Stock
pursuant to the partial exercise of the underwriter’s over-allotment option. The purchase price for each share of Class A Common
Stock and accompanying warrant was $33.0. Warrants equal to 3% of the number of securities issued by the Company in the offering at an
exercise price of 125% of the offering price per share was issued to the underwriter. Gross proceeds from the offering were approximately
$11.2 million, and net proceeds of approximately $10.2 million after underwriting discounts and commissions and estimated offering expenses
payable by us.

During
the year ended December 31, 2023, 166,530 Class A Common Stock were issued upon cashless exercise of warrants and 363,410 Class A Common
Stock were issued upon exercise of pre-funded warrants of $3,634.

Class
B Common Sock

The
Company had 100,000 shares of Class B common stock issued and outstanding as of December 31, 2024 and 202