Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
## Sidus Space Secures $16.2 Million Through Class A Stock Issuance
Sidus Space, Inc. (SIDU) has announced the successful pricing of its latest equity offering, with approximately $16.2 million in gross proceeds expected to flow into the company's coffers. The offering comprises 10.80 million shares of Class A common stock at $1.50 per shr, representing a direct capital raise aimed at strengthening the company's operational foundation.
### Offering Details and Timeline
The aerospace technology company's equity issuance is structured to deliver each share of Class A common stock at $1.50/shr, with all shares being directly distributed by Sidus Space itself. ThinkEquity is serving as the sole placement agent managing this transaction. Subject to standard closing requirements, the offering is slated to conclude on December 29, 2025.
### Capital Allocation Strategy
The net proceeds generated from this $16.2 million offering will be allocated toward critical areas including working capital replenishment and general corporate initiatives. This capital infusion is expected to enhance the company's ability to execute its operational roadmap and pursue strategic objectives.
The structure of this offering—with Sidus Space directly managing the distribution of its Class A common stock—reflects the company's commitment to maintaining direct control over its capital-raising activities while engaging ThinkEquity's expertise in the placement process.