Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1279

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 1279
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 it applies, this provision may limit
or discourage a stockholder’s ability to bring a claim in a judicial forum that it finds favorable for disputes with us or our
directors, officers, or other employees, which may discourage such lawsuits against us and our directors, officers and other employees.
Alternatively, if a court were to find the choice of forum provision contained in our certificate of incorporation to be inapplicable
or unenforceable in an action, we may incur additional costs associated with resolving such action in other jurisdictions, which could
adversely affect our business and financial condition.

We note that there is uncertainty as to whether a
court would enforce the provision and that investors cannot waive compliance with the federal securities laws and the rules and regulations
thereunder. Although we believe this provision benefits us by providing increased consistency in the application of Delaware law in the
types of lawsuits to which it applies, the provision may have the effect of discouraging lawsuits against our directors and officers.

ITEM
1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 1C. CYBERSECURITY

We believe cybersecurity
is critical to advancing our technological developments. As a U.S. commercial space company with an established manufacturing business,
we face a multitude of cybersecurity threats common to most industries, such as ransomware and denial-of service. Our customers, suppliers,
subcontractors, and business partners face similar cybersecurity threats, and a cybersecurity incident impacting us or any of these entities
could materially adversely affect our business strategy, performance, and results of operations. These cybersecurity threats and related
risks make it imperative that we expend resources on cybersecurity.

Risk Management

We engage third-party services
to conduct evaluations of our security controls, whether through penetration testing, independent audits, or consulting on best practices
to address new challenges. We have established cybersecurity security awareness training and ongoing monitoring.

In the event of an incident,
we intend to follow our cybersecurity incident response plan, which outlines the steps to be followed from incident detection to mitigation,
and notification. We contract with external firms that have extensive information technology and program management experience. We have
implemented a governance structure and processes to assess, identify, manage, and report cybersecurity risks. As a commercial space company,
we must comply with extensive regulations, including requirements imposed by the Department of Defense related to contracts with government
agencies and reporting cybersecurity incidents to the SEC. In addition to following SEC guidance and implementing pre-existing third
party frameworks, we have developed our own practices and frameworks, which