Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 1127

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 1127
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, 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 concentrating voting influence with those stockholders who held our Class B common stock prior to our initial public offering. This
ownership could limit your ability to influence corporate matters, including the election of directors, amendments of our organizational
documents, and any merger, consolidation, sale of all or substantially all of our assets, or other major corporate transactions requiring
stockholder approval, and that may adversely affect the trading price of our Class A common stock.

Our
Class B common stock has ten votes per share, and our Class A common stock, which is the stock that we sold in our initial public offering,
has one vote per share. CTC holds all of the issued and outstanding shares of our Class B common stock, representing approximately 5.2%
of the voting power of our outstanding capital stock. In addition, because of the ten-to-one voting ratio between our Class B and Class
A common stock, the holder of our Class B common stock could continue to have influence in the voting power of our common stock and therefore
significantly influence all matters submitted to our stockholders for approval until converted by our Class B common stock