Sidus Space (SIDU) appointed Larry G. Swets Jr. as an independent director, effective October 5, 2026, and Audit Committee chair. His committee role covers oversight of financial reporting, internal controls and risk management.
Swets brings more than 25 years of investment management, capital markets and public company leadership experience. He currently serves as CEO of FG Imperii Acquisition (FGII), interim CEO of Saltire Capital and Head of Merchant Banking at FG Nexus (FGNX). Sidus said his issuer-side experience is relevant as it puts capital raised in the second quarter to work.
FG Imperii Acquisition Corp (NASDAQ: FGII) said holders may elect to separately trade the ordinary shares and warrants from the units beginning March 9, 2026. Separated Ordinary Shares will trade as FGII and warrants as FGIIW; non-separated units remain FGIIU. Brokers must contact Odyssey Transfer and Trust Company to effect separations. No fractional warrants will be issued. The units were sold in the company's initial public offering completed on January 20, 2026, with ThinkEquity as sole book-running manager and EarlyBirdCapital as co-manager.
FG Imperii Acquisition Corp (Nasdaq: FGIIU / FGII / FGIIW) closed its initial public offering on January 20, 2026, raising $200.0 million from the sale of 20,000,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant; each whole warrant is exercisable at $11.50. The units are listed on the Nasdaq Global Market under FGIIU; once separated, shares will trade as FGII and warrants as FGIIW. The company granted a 45-day option to purchase up to an additional 3,000,000 units to cover over-allotments. Net proceeds, together with simultaneous private placements, are intended to fund the company's initial business combination. ThinkEquity served as sole book-running manager and EarlyBirdCapital served as co-manager.
FG Imperii Acquisition Corp (FGII) priced an initial public offering of 20,000,000 units at $10.00 per unit, raising $200 million in gross proceeds before any exercise of an over-allotment option. Each unit includes one Class A ordinary share and one-half of a redeemable warrant; each whole warrant is exercisable at $11.50. Units are expected to begin trading on Nasdaq under FGIIU on January 16, 2026; Class A shares and warrants are expected to trade as FGII and FGIIW once separated. The underwriters have a 45-day option to purchase up to an additional 3,000,000 units. The offering is expected to close January 20, 2026, and the SEC declared the registration effective January 15, 2026.