🔴 SIDU is trading 5% down today on a dilutive $100M stock and warrant offering

SIDU is trading 5% down at $4.92 today after announcing a dilutive $100 million registered direct and public offering.

• The offering includes Class A common stock and pre-funded warrants priced at $5.08 per share.
• The capital raise is pressuring the stock despite the substantial funding size, following a sharp pullback from a recent spike above $6.