Previous Close | 2.3500 |
Open | 2.3900 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 2.2900 - 2.4800 |
52 Week Range | 2.0200 - 18.8500 |
Volume | |
Avg. Volume | 442,428 |
Market Cap | 10.286M |
Beta (5Y Monthly) | -0.67 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Sidus Space, Inc. (NASDAQ:SIDU) shares are trading lower on Tuesday. In an SEC filing, the company announced an offering of 3.75 million shares at an assumed price of $2.67 per share. The offering also contains up to 3.745 million pre-funded warrants to purchase up to 3.745 million shares of Class A common stock. Per Sidus Space, the net proceeds from this offering will be approximately $8.9 million. The firm will use the net proceeds from this offering for sales and marketing, operational costs
In April’s report, McKinsey & Company projected that the global space ecosystem will rise to a $1.79 trillion inflation-adjusted value by 2035 from $630 billion in 2023. This encompasses the entire infrastructure that leverages the space economy, including undervalued space stocks, from software and telecommunications to manufacturing and terrestrial equipment. While SpaceX is pushing the technological envelope and setting new standards, the company is still not publicly listed. In turn, this ma