🔴 SIDU is trading 13% down today after pricing a $100M registered direct offering

SIDU is trading approximately 13% down at $4.53 after announcing a dilutive $100 million registered direct offering.

• Sidus Space priced 19,685,039 shares or pre-funded warrants at $5.08 per share, with the offering expected to close on May 29, 2026.
• The company intends to use the net proceeds for working capital and general corporate purposes.
• The sizable at-the-market stock and warrant deal is pressuring the share price as investors react to the significant equity dilution.