Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 110

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 13
Chunk 110
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 the related
persons, the benefits to us of the transaction and whether the transaction is on terms that are comparable to the terms available to
or from, as the case may be, an unrelated third party or to or from employees generally. Under the policy, we will collect information
that we deem reasonably necessary from each director, executive officer and, to the extent feasible, significant stockholder to enable
us to identify any existing or potential related-person transactions and to effectuate the terms of the policy. In addition, under our
Code of Business Conduct and Ethics, our employees and directors will have an affirmative responsibility to disclose any transaction
or relationship that reasonably could be expected to give rise to a conflict of interest. In considering related person transactions,
our audit committee, or other independent body of our board of directors, will take into account the relevant available facts and circumstances
including, but not limited to:

    ●
    the
    risks, costs and benefits to us;

    ●
    the
    impact on a director’s independence in the event that the related person is a director, immediate family member of a director
    or an entity with which a director is affiliated;

    ●
    the
    availability of other sources for comparable services or products; and

    ●
    the
    terms available to or from, as the case may be, unrelated third parties or to or from employees generally.

68

The
policy requires that, in determining whether to approve, ratify or reject a related person transaction, our audit committee, or other
independent body of our board of directors, must consider, in light of known circumstances, whether the transaction is in, or is not
inconsistent with, our best interests and those of our stockholders, as our audit committee, or other independent body of our board of
directors, determines in the good faith exercise of its discretion.

Independence
of the Board of Directors

Our
board of directors undertook a review of the independence of our directors and considered whether any director has a relationship with
us that could compromise that director’s ability to exercise independent judgment in carrying out that director’s responsibilities.
Our board of directors has affirmatively determined that Dana Kilborne, Cole Oliver, Leonardo Riera, Jeff Shuman and Lavanson Coffey
are each an “independent director,” as defined under Nasdaq rules.

ITEM
14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The
following table sets forth the aggregate fees billed by as described