Lind Global Fund II LP Takes 9.99% Stake in Sidus Space

Ticker: SIDU · Form: SC 13G · Filed: 2024-02-06T00:00:00.000Z

Sentiment: bullish

Topics: institutional-ownership, insider-buy, SC-13G

TL;DR

**Lind Global Fund II LP just bought 9.99% of Sidus Space, signaling a bullish institutional bet.**

AI Summary

Lind Global Fund II LP, a New York-based investment fund, reported on February 6, 2024, that it holds a significant stake in Sidus Space, Inc. (NASDAQ: SIDU). This filing, triggered by an event on February 1, 2024, indicates that Lind Global Fund II LP now owns 9.99% of Sidus Space's Class A Common Stock, totaling 1,000,000 shares. This matters to investors because a large institutional investor taking a substantial position can signal confidence in the company's future, potentially influencing other investors and the stock price.

Why It Matters

A major institutional investor, Lind Global Fund II LP, has acquired a significant stake in Sidus Space, which could be seen as a vote of confidence and potentially attract more investor interest.

Risk Assessment

Risk Level: low — This filing indicates a new significant investor, which is generally a positive signal and does not inherently increase risk for existing shareholders.

Analyst Insight

A smart investor would research Lind Global Fund II LP's investment thesis and consider if their reasons for investing in Sidus Space align with their own, potentially indicating a good entry point or a reason to hold.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G filing?

The reporting person is Lind Global Fund II LP, located at 444 Madison Avenue, New York, NY.

What is the subject company of this filing?

The subject company is Sidus Space, Inc., with its business address at 175 Imperial Blvd., Cape Canaveral, FL.

What percentage of Sidus Space's Class A Common Stock does Lind Global Fund II LP now own?

Lind Global Fund II LP owns 9.99% of Sidus Space, Inc.'s Class A Common Stock.

When was the event that required this SC 13G filing?

The event that required this filing occurred on February 1, 2024.

What is the CUSIP number for Sidus Space, Inc.'s Class A Common Stock?

The CUSIP number for Sidus Space, Inc.'s Class A Common Stock is 826165201.

From the Filing

0000929638-24-000389.txt : 20240206 0000929638-24-000389.hdr.sgml : 20240206 20240206172812 ACCESSION NUMBER: 0000929638-24-000389 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 GROUP MEMBERS: JEFF EASTON GROUP MEMBERS: LIND GLOBAL PARTNERS II LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sidus Space Inc. CENTRAL INDEX KEY: 0001879726 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] ORGANIZATION NAME: 06 Technology IRS NUMBER: 460628183 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-93909 FILM NUMBER: 24601343 BUSINESS ADDRESS: STREET 1: 175 IMPERIAL BLVD. CITY: CAPE CANAVERAL STATE: FL ZIP: 32920 BUSINESS PHONE: 321-613-5620 MAIL ADDRESS: STREET 1: 150 N. SYKES CREEK PKWY, STREET 2: SUITE 200 CITY: MERRITT ISLAND STATE: FL ZIP: 32953 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Lind Global Fund II LP CENTRAL INDEX KEY: 0001871665 ORGANIZATION NAME: IRS NUMBER: 863914253 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 444 MADISON AVENUE STREET 2: 41ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-701-7428 MAIL ADDRESS: STREET 1: 444 MADISON AVENUE STREET 2: 41ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 sch13g.htm   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     SCHEDULE 13G       Under the Securities Exchange Act of 1934       (Amendment No.   ) *     Sidus Space, Inc.     (Name of Issuer)     Class A Common Stock, par value $0.0001 per share     (Title of Class of Securities)     826165201     (CUSIP Number)     February 1, 2024     (Date of Event which Requires Filing of this Statement)   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:   [ ] Rule 13d-1(b)   [x] Rule 13d-1(c)   [ ] Rule 13d-1(d)   ___________________________________ *  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.   The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Lind Global Fund II LP 2 Check the Appropriate Box if a Member of a Group (See Instructions)   (a)              [ ]   (b)              [x] 3 SEC Use Only 4 Citizenship or Place of Organization.   Delaware Number of Shares Beneficially Owned by Each Reporting Person With 5    Sole Voting Power 222,200 6    Shared Voting Power   0 7    Sole Dispositive Power   222,200 8    Shared Dispositive Power   0 9 Aggregate Amount Beneficially Owned by Each Reporting Person   222,200 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)   11 Percent of Class Represented by Amount in Row (9)*   8.3% 12 Type of Reporting Person (See Instructions) PN   1 Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Lind Global Partners II LLC 2 Check the Appropriate Box if a Member of a Group (See Instructions)   (a)   

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