Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1119

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1119
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 rates may require increases in staffing levels that may require
significant capital expenditure. Further, any inability to recruit, develop and retain qualified employees may result in high employee
turnover and may force us to pay significantly higher wages, which may harm our profitability. Additionally, we only carry key man insurance
for our Chief Executive Officer, and the loss of any key employee or our inability to recruit, develop and retain these individuals as
needed, could have a material adverse effect on our business, financial condition, and results of operations.

Any
acquisitions, partnerships, or joint ventures that we enter into could disrupt our operations and have a material adverse effect on our
business, financial condition and results of operations.

From
time to time, we may evaluate potential strategic acquisitions of businesses, including partnerships or joint ventures with third parties,
both domestic and international. We may not be successful in identifying acquisition, partnership, and joint venture candidates. In addition,
we may not be able to continue the operational success of such businesses or successfully finance or integrate any businesses that we
acquire or with which we form a partnership or joint venture. We may have potential write-offs of acquired assets and/or an impairment
of any goodwill recorded as a result of acquisitions. Furthermore, the integration of any acquisition may divert management’s time
and resources from our core business and disrupt our operations or may result in conflicts with our business. Any acquisition, partnership
or joint venture may not be successful, may reduce our cash reserves, may negatively affect our earnings and financial performance and,
to the extent financed with the proceeds of debt, may increase our indebtedness. We cannot ensure that any acquisition, partnership,
or joint venture we make will not have a material adverse effect on our business, financial condition, and results of operations.

29

We
may experience difficulties in integrating the operations of acquired companies into our business and in realizing the expected benefits
of these acquisitions.

Acquisitions
involve numerous risks, any of which could harm our business and negatively affect our financial condition and results of operations.
The success of any acquisition will depend in part on our ability to realize the anticipated business opportunities from combining their
and our operations in an efficient and effective manner. These integration processes could take longer than anticipated and could result
in the loss of key employees, the disruption of each company’s ongoing businesses, tax costs or inefficiencies, or inconsistencies
in standards, controls, information technology systems, procedures and policies, any of which could adversely affect our ability to maintain
relationships with customers, employees