Company: SIDU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024043
Chunk: 19

Company: Sidus Space Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 19
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 Other General and Administrative expenses. These are eliminated upon consolidation.

Note
14. Stockholders’ Equity

Authorized
Capital Stock

The
Company has authorized 5,000,000 shares of preferred stock with a par value of $0.0001.

The
Company has authorized 210,000,000 shares of common stock with a par value of $0.0001, consisting of 200,000,000 shares
of Class A Common Stock and 10,000,000 shares of Class B Common Stock. The Class B Common Stock is entitled to 10 votes
for every 1 vote of the Class A Common Stock.

Class
A Common Stock

The
Company had 18,204,483 and 15,956,816 shares of Class A common stock issued and outstanding as of June 30, 2025 and
December 31, 2024, respectively.

During
the six months ended June 30, 2025, the Company issued 2,247,667 shares of Class A common stock as follows;

●1,162,802
                                            shares for exercise of pre-funded warrants and 1,068,332 shares for exercise of warrants,
                                            for which the Company received $2,381,247

●16,533
                                            shares to prior CFO and a Board member valued at $40,115

Class
B Common Sock

The
Company had 100,000 shares of Class B common stock issued and outstanding as of June 30, 2025 and December 31, 2024.

Warrants

A
summary of activity of the warrants during the six months ended June 30, 2025 as follows:

 Schedule
of Activity of warrants

    shares  
    Exercise Price  
    Life (years) 
  
    Outstanding, December 31, 2024 
     5,402,306  
    $2.50  
     5.35 
  
    Exercised * 
     (1,162,802) 
     2.25  
     - 
  
    Exercised 
     (1,068,332) 
     2.25  
     - 
  
    Outstanding, June 30, 2025 
     3,171,172  
    $2.68  
     4.77 

    Exercisable, June 30,