8-KCurrent report
Material agreement
✓ VerifiedSidus Space priced a registered direct offering of 16,485,038 shares at $5.08 plus pre-funded warrants, for gross proceeds of approximately $100 million through ThinkEquity.
8.01 Other events
Filed May 28, 2026 · 16:15 ET
Summary
- The placement agency agreement, dated May 27, 2026, covers 16,485,038 Class A shares at $5.08 and pre-funded warrants for up to 3,200,001 shares at $5.0799 each.
- Gross proceeds are approximately $100 million before fees; the placement agent earns a 6.5% cash fee plus warrants for up to 984,252 shares exercisable at $6.35 for five years.
- Closing was set for on or about May 29, 2026 under the company's effective S-3 shelf.
Key facts
- Gross proceeds
- approximately $100 million
From the filing for Gross proceeds
“gross proceeds to the Company from the Offering are expected to be approximately $100 million”
- Price
- $5.08 per share
From the filing for Price
“at an offering price of $5.08 per Share”
Why it mattersA $100 million raise transforms the balance sheet of a company whose quarterly revenue is measured in hundreds of thousands.
- Filed
- May 28, 2026
- Accepted
- 2026-05-28 20:15Z
- Period
- May 27, 2026
- Accession no.
- 0001493152-26-025618
- Size
- 1.2 MB
- Index
- Filing index