Summary by Moomoo AI
Sidus Space, Inc. (Sidus Space), a Delaware-based company specializing in space infrastructure and data services, has filed an amendment to its S-1/A registration statement with the U.S. Securities and Exchange Commission (SEC) on January 5, 2024. The filing pertains to the offering of up to 513,292 shares of Class A Common Stock, previously unregistered, which are now being registered for public resale. These shares are issuable upon the exercise of warrants held by certain selling stockholders, identified in the announcement as 'Selling Stockholders.' The warrants were initially issued in connection with a private placement and are exercisable at a price of $10.152 per share. Sidus Space will not receive any proceeds from the sale of shares by the Selling Stockholders, except...Show More