Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1277

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1277
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 officers;

    ●
    limiting the ability of
    our stockholders to call and bring business before special meetings;

    ●
    requiring advance notice
    of stockholder proposals for business to be conducted at meetings of our stockholders and for nominations of candidates for election
    to our board of directors;

    ●
    controlling the procedures
    for the conduct and scheduling of board of directors and stockholder meetings; and

    ●
    providing our board of
    directors with the express power to postpone previously scheduled annual meetings and to cancel previously scheduled special meetings.

These provisions, alone or together, could delay
or prevent hostile takeovers and changes in control or changes in our management.

As a Delaware corporation, we are also subject to
provisions of Delaware law, including Section 203 of the Delaware General Corporation law, which prevents some stockholders holding more
than 15% of our outstanding common stock from engaging in certain business combinations without approval of the holders of substantially
all of our outstanding common stock.

Any provision of our certificate of incorporation,
bylaws or Delaware law that has the effect of delaying or deterring a change in control could limit the opportunity for our stockholders
to receive a premium for their shares of our Class A common stock and could also affect the price that some investors are willing to
pay for our Class A common stock.

Our amended and restated certificate of incorporation,
as amended, designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and
proceedings that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial
forum for disputes with us or our directors, officers, or other employees.

Our certificate of incorporation requires that, unless
we consent in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware will, to the fullest extent
permitted by law, be the sole and exclusive forum for each of the following:

    ●
    any derivative action or
    proceeding brought on our behalf;

    ●
    any action asserting a
    claim for breach of any fiduciary duty owed by any director, officer, or other employee of ours to the Company or our stockholders,
    creditors or other constituents;

    ●
    any action asserting a
    claim against us or any director or officer of ours arising pursuant to, or a claim against us or any of our directors or officers,
    with