Sidus Space Inc.

Sidus Space Inc. (SIDU) priced its initial public offering on Dec 14, 2021 at $5.00 per share, within its $4.00–$6.00 range, raising $15M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $81M. Boustead was lead-left underwriter. Sheppard Mullin advised the company and Schiff Hardin advised the underwriters.

Sidus Space Inc. is a space-as-a-service company focused on commercial satellite design, manufacture, launch and data collection. It serves commercial space, aerospace, defense, marine and government customers, drawing on nine years of manufacturing experience and International Space Station heritage hardware.

Status

IPO

Ticker

SIDU

Exchange

Nasdaq Capital Market

Priced

Dec 14, 2021

IPO price

$5.00

Price range

$4.00–$6.00

Raised

$15M

Market cap at IPO price

$81M

First filed

Nov 23, 2021

Underwriters

Boustead

Company counsel

Sheppard Mullin

Underwriters' counsel

Schiff Hardin

Sector

Other

Country / state

FL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.