Sidus Space Inc. 8-K

What Happened

• Sidus Space Inc. (SIDU) filed an 8-K reporting the final results of its Annual Meeting of Stockholders held June 22, 2026. A quorum of 37,952,735 shares was represented in person or by proxy.
• All six director nominees were elected to serve until the 2027 annual meeting: Carol Craig; Jeffrey Shuman; Tiffany Norwood; Kelle Wendling; Leonardo Riera; and Lavanson Coffey III.
• Stockholders ratified the appointment of Fruci & Associates, PLLC as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
• Shareholders approved an amendment to the 2021 Omnibus Equity Incentive Plan to increase the reserve from 800,000 to 4,800,000 shares, and rejected an amendment to add an evergreen (automatic annual increase) provision.

Key Details

• Total shares represented: 37,952,735.
• Director vote totals (For / Against / Abstain / Broker Non-Vote):
  • Carol Craig: 11,588,678 / 0 / 570,166 / 25,793,891
  • Jeffrey Shuman: 11,617,406 / 0 / 541,437 / 25,793,892
  • Tiffany Norwood: 11,856,677 / 0 / 302,166 / 25,793,892
  • Kelle Wendling: 11,868,381 / 0 / 290,463 / 25,793,891
  • Leonardo Riera: 11,556,121 / 0 / 602,723 / 25,793,891
  • Lavanson Coffey III: 11,417,673 / 0 / 741,169 / 25,793,892
• Auditor ratification vote: For 36,879,568 / Against 900,008 / Abstain 173,158 / Broker Non-Vote 1.
• Equity plan increase vote (2021 Plan reserve to 4,800,000): For 10,065,579 / Against 1,922,827 / Abstain 170,434 / Broker Non-Vote 25,793,895.
• Evergreen provision vote (automatic annual increase) — failed narrowly: For 5,958,921 / Against 5,959,444 / Abstain 240,477 / Broker Non-Vote 25,793,893 (difference of 523 votes).

Why It Matters

• Board continuity: Election of all six nominees maintains current board composition and the company’s governance continuity through 2027.
• Accounting oversight: Ratification of Fruci & Associates confirms the independent auditor for 2026, relevant for upcoming financial reporting and audits.
• Equity plan impact: Approval to increase the 2021 Plan reserve from 800,000 to 4,800,000 shares authorizes a material increase in shares available for employee and director awards (potential dilution). The failure of the evergreen amendment means any future increases will require stockholder approval rather than automatic annual adjustments.
• Investors should note the vote counts and the large number of broker non-votes, which affected outcomes for certain proposals.