SIDU · Sidus Space, Inc.

Sidus Space, Inc. has entered into a Placement Agency Agreement with ThinkEquity LLC to facilitate a best efforts offering of its securities. The transaction involves the sale of 11,228,700 shares of Class A common stock priced at $4.35 per share and pre-funded warrants to purchase up to 2,225,000 shares of common stock at a purchase price of $4.3499 per warrant. The pre-funded warrants carry a nominal exercise price of $0.001 per share. The Company anticipates gross proceeds of approximately $58.5 million from this offering, which is expected to close on April 21, 2026, subject to standard closing conditions. The net proceeds are designated for working capital and general corporate purposes, indicating a focus on funding ongoing operations and strategic initiatives. As compensation for its services, ThinkEquity will receive a cash fee of 6.5% of the aggregate purchase price and warrants to purchase up to 672,685 shares of common stock at an exercise price of $5.4375 per share, exercisable for a term of five years. This financing event provides the company with significant capital to support its business objectives in the space and defense technology sectors.