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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 28, 2026
SIDUS
SPACE, INC.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-41154 |
|
46-0628183 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
| |
|
|
|
|
400
Imperial Blvd., Suite 201
Cape
Canaveral, FL |
|
|
|
32920 |
| (Address
of principal executive offices) |
|
|
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (321) 613-5620
Not
Applicable
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instructions A.2. below):
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Class
A Common Stock, $0.0001 par value per share |
|
SIDU |
|
Nasdaq
Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal
Officers.
On
October 28, 2026, the Board of Directors (the “Board”) of Sidus Space, Inc. (the “Company”) appointed Hassan
R. Baqar as a member of the Board. Mr. Baqar will serve until the Company’s 2027 annual meeting of stockholders or until such time
as his successor is duly elected and qualified or until his earlier death, resignation or removal. Further, the Board appointed Mr.
Baqar to serve as a member
of the Audit Committee of the Board.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
| Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press Release dated October 29, 2026 |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
SIDUS
SPACE, INC. |
| Dated:
October 29, 2026 |
|
| |
By: |
/s/
Carol Craig |
| |
Name: |
Carol
Craig |
| |
Title: |
Chief
Executive Officer |
Exhibit 99.1
Sidus
Space Appoints Hassan R. Baqar to Board of Directors
Former
Public-Company CFO Brings More Than 25 Years of Financial Reporting, Capital Markets and M&A Experience; Joins Audit Committee
CAPE
CANAVERAL, Fla. — October 29, 2026 — Sidus Space, Inc. (NASDAQ: SIDU) (“Sidus” or the “Company”),
a vertically integrated space and defense technology company, today announced the appointment of Hassan R. Baqar to its Board of Directors,
effective October 28, 2026. Mr. Baqar will serve on the Board’s Audit Committee, bringing his public company CFO and accounting
experience to the oversight of the Company’s financial reporting and internal controls.
“Hassan
has spent his career on the issuer’s side of public company finance, both as a CFO responsible for reporting and as a director
overseeing it,” said Carol Craig, Founder, Chief Executive Officer and Chairman of Sidus Space. “We believe his experience,
together with Larry Swets’ leadership as Audit Committee Chair, gives the Board strong financial oversight as the Company grows.”
Mr.
Baqar brings more than 25 years of experience in financial services, corporate development, mergers and acquisitions, merchant banking
and capital markets. He has served as chief financial officer, officer, or director of public and private companies in the United States,
Canada, and the Cayman Islands, with experience in SEC and Canadian securities reporting, capital raises, and mergers & acquisitions.
He has also served as chief financial officer or director of nine special purpose acquisition companies, including consummation of business
combinations with OppFi, Hagerty, Limbach Holdings, Saltire Capital, Boxabl and Greenland Energy.
“The
Audit Committee’s job is to make sure investors can rely on what the Company reports, and that the controls behind those numbers
keep pace as the business grows,” said Mr. Baqar. “I look forward to working with Larry, Carol, and the rest of the Board
to support that work.”
Mr.
Baqar currently serves as Founder and Managing Member of Sequoia Financial LLC, Chief Executive Officer of B-SCADA Inc., Chief Financial
Officer of FG Imperii Acquisition Corp. (NASDAQ: FGII), Director of Greenland Energy Company (NASDAQ: GLND), and Director of Capital
Markets at Saltire Capital Ltd. (TSX: SLT). He previously served as Chief Financial Officer of Saltire Capital from 2024 to 2025, FG
Financial Group (now FG Communities Holdings Inc.) from 2021 to 2024, and United Insurance Holdings Corp. from 2011 to 2012, and as Vice
President, Finance at Kingsway Financial Services Inc. from 2010 to 2019.
Mr.
Baqar began his career at Lumbermens Mutual Casualty Company (Kemper Insurance). He holds a Certified Public Accountant certification
and holds an MBA from Northeastern Illinois University and a B.A. in Accounting and Business Administration from Monmouth College.
About
Sidus Space
Sidus
Space®, Inc. (NASDAQ: SIDU) is a vertically integrated space and defense technology company delivering satellite manufacturing
and technology integration across all orbits, including LEO, GEO and lunar; all domain digital mission computing solutions; mission planning
and management operations; AI enabling products and services; and space and defense hardware manufacturing. With its mission of Space
Access Reimagined®, Sidus Space is committed to rapid innovation, adaptable solutions, and the optimization of space systems and
data collection performance. With demonstrated space heritage, including designing, manufacturing and operating its own satellite and
sensor system, LizzieSat®, Sidus Space serves government, defense, intelligence, and commercial customers around the globe. Strategically
headquartered on Florida’s Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration, and
testing facility with direct access to nearby launch facilities. For more information, visit: sidusspace.com
Forward-Looking
Statements
Statements
in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not
historical facts, may constitute ‘forward-looking statements’ within the meaning of The Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates.
The words ‘anticipate,’ ‘believe,’ ‘continue,’ ‘could,’ ‘estimate,’ ‘expect,’
‘intend,’ ‘may,’ ‘plan,’ ‘potential,’ ‘predict,’ ‘project,’ ‘should,’
‘target,’ ‘will,’ ‘would’ and similar expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated
by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions
and other factors described more fully in the section entitled ‘Risk Factors’ in Sidus Space’s Annual Report on Form
10-K for the year ended December 31, 2025, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking
statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation
to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Contacts:
Investor
Relations
investor-relations@sidusspace.com
Media
Inquiries
press@sidusspace.com
