Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1271

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1271
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. Our Chief Executive Officer
has agreed to recuse herself with respect to voting on any matter coming before either CTC’s or our board of directors related
to our relationship with CTC, although she will still be permitted to participate in discussions and negotiations. Any perceived conflicts
of interest resulting from investors questioning the independence of our management or the integrity of corporate governance procedures
may materially affect our stock price.

Risks
Related to Our Class A Common Stock

We
are currently listed on The Nasdaq Capital Market. If we are unable to maintain listing of our securities on Nasdaq or any stock exchange,
our stock price could be adversely affected and the liquidity of our stock and our ability to obtain financing could be impaired and
it may be more difficult for our stockholders to sell their securities.

Although
our common stock is currently listed on The Nasdaq Capital Market, we may not be able to continue to meet the exchange’s minimum
listing requirements or those of any other national exchange. If we are unable to maintain listing on Nasdaq or if a liquid market for
our common stock does not develop or is sustained, our common stock may remain thinly traded.

The
listing rules of Nasdaq require listing issuers to comply with certain standards in order to remain listed on its exchange. If, for any
reason, we should fail to maintain compliance with these listing standards and Nasdaq should delist our securities from trading on its
exchange and we are unable to obtain listing on another national securities exchange, a reduction in some or all of the following may
occur, each of which could have a material adverse effect on our stockholders:

    ●
    the
    liquidity of our common stock;

    ●
    the
    market price of our common stock;

    ●
    our
    ability to obtain financing for the continuation of our operations;

    ●
    the
    number of institutional and general investors that will consider investing in our common stock;

    ●
    the
    number of investors in general that will consider investing in our common stock;

    ●
    the
    number of market makers in our common stock;

    ●
    the
    availability of information concerning the trading prices and volume of our common stock; and

    ●
    the
    number of broker-dealers willing to execute trades in shares of our common stock.

The
dual-class structure of our common stock as contained in our amended and restated certificate of incorporation, as amended, has the effect
of