Sidus Space Shares Fall on Proposed Public Offering

Dow Jones06:37

By Katherine Hamilton

Sidus Space shares sank after the company disclosed plans for a public offering.

The stock fell 32% to $1.56 in after-hours trading Monday. Through the close, shares are down 53% this year.

The Cape Canaveral, Fla., defense company said Monday evening it plans to offer to sell shares of its Class A stock.

ThinkEquity is acting as a sole placement agent for the offering.

Sidus plans to use proceeds for working capital and general corporate purposes.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

December 22, 2025 17:37 ET (22:37 GMT)

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