Sidus Space Announces New Stock Offering Agreement
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Sidus Space, Inc. has entered into a stock offering agreement to sell 9.8 million shares at $1.00 each, expected to close on September 16, 2025, raising approximately $9.8 million for working capital. The company also appointed Lawrence Hollister as Chief Business Officer. Analysts rate SIDU stock as a Hold with a $1.00 target, citing significant financial challenges and bearish momentum, despite potential growth from strategic initiatives. Sidus Space specializes in space and defense technology, serving various sectors globally.
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