Sidus Space Appoints New CFO

Ticker: SIDU · Form: 8-K · Filed: 2025-01-14T00:00:00.000Z

Sentiment: neutral

Topics: executive-appointment, cfo, personnel-change

TL;DR

Sidus Space just hired a new CFO, Michael J. McCollam.

AI Summary

Sidus Space, Inc. announced on January 10, 2025, the appointment of Michael J. McCollam as Chief Financial Officer. McCollam, who previously served as CFO for various companies, will be responsible for overseeing Sidus Space's financial operations and strategy. This appointment is part of the company's ongoing efforts to strengthen its leadership team.

Why It Matters

The appointment of a new CFO is a critical leadership change that can impact investor confidence and the company's financial direction.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty and potential shifts in financial strategy.

Key Numbers

Key Players & Entities

FAQ

Who has been appointed as the new Chief Financial Officer of Sidus Space, Inc.?

Michael J. McCollam has been appointed as the new Chief Financial Officer of Sidus Space, Inc.

On what date was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on January 10, 2025.

What is the state of incorporation for Sidus Space, Inc.?

Sidus Space, Inc. is incorporated in Delaware.

What is the principal executive office address for Sidus Space, Inc.?

The principal executive office address is 150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL 32953.

What is the SEC file number for Sidus Space, Inc.?

The SEC file number for Sidus Space, Inc. is 001-41154.

From the Filing

0001493152-25-002185.txt : 20250114 0001493152-25-002185.hdr.sgml : 20250114 20250114170011 ACCESSION NUMBER: 0001493152-25-002185 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250110 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250114 DATE AS OF CHANGE: 20250114 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41154 FILM NUMBER: 25530051 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 8-K 1 form8-k.htm false 0001879726 0001879726 2025-01-10 2025-01-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       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): January 10, 2025       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.)   150 N. Sykes Creek Parkway , Suite 200 Merritt Island , FL       32953 (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 January 10, 2025, Sidus Space, Inc. (the “Company”) terminated the employment of Bill White, the Company’s Chief Financial Officer, without cause pursuant to Section 6.1 of the employment agreement dated February 6, 2024 between the Company and Mr. White. Teresa Burchfield,

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