Sidus Space regains Nasdaq Minimum Bid Price Requirement

Sidus Space Inc (NASDAQ:SIDU) has met the Nasdaq minimum bid price requirement. The company received a Notification Letter from The Nasdaq Capital Market on January 8, 2024, confirming compliance. The letter specified that Sidus demonstrated a closing bid price equal to or exceeding $1 per ordinary share for a continuous 10-business-day period, satisfying the Nasdaq Minimum Bid Price Requirement. Sidus will undergo a Mandatory Panel Monitor for one year until January 8, 2025. With the compliance achieved, the listing matter is now closed.