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[DEFA14A] Sidus Space, Inc. Additional Proxy Soliciting Materials

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Gaia, Inc. (Nasdaq: GAIA) filed a Form 8-K to disclose a leadership change effective June 27, 2025. The Board of Directors appointed Kiersten Medvedich, 52, as Chief Executive Officer. Medvedich, who has risen through multiple senior content roles since joining Gaia in 2016—most recently serving as President since June 2023—will report directly to Executive Chairman Jirka Rysavy. Her compensation package remains the same as disclosed in the company’s April 8, 2025 proxy statement, indicating no incremental cost from the promotion.

Outgoing CEO James Colquhoun transitioned to the newly defined position of Chief Business Development Officer on June 26, 2025, maintaining an executive presence but relinquishing day-to-day operational control. The filing contains no revisions to previously issued financial guidance, no new compensation arrangements, and no changes to the company’s strategic outlook. A press release dated June 30, 2025 (Exhibit 99.1) provides public confirmation of the move. Aside from customary Item 9.01 exhibit listings, the report includes no financial statements, M&A activity, or earnings data. Accordingly, the Form 8-K is limited in scope to governance matters under Item 5.02 and should be viewed primarily as a succession-planning disclosure rather than a signal of immediate operational or financial impact.

Gaia, Inc. (Nasdaq: GAIA) ha presentato un modulo 8-K per comunicare un cambiamento nella leadership effettivo dal 27 giugno 2025. Il Consiglio di Amministrazione ha nominato Kiersten Medvedich, 52 anni, come Amministratore Delegato. Medvedich, che ha ricoperto diversi ruoli senior nel settore contenuti dal suo ingresso in Gaia nel 2016 � ultimo dei quali Presidente da giugno 2023 � riferirà direttamente al Presidente Esecutivo Jirka Rysavy. Il suo pacchetto retributivo resta invariato rispetto a quanto dichiarato nella relazione proxy dell'8 aprile 2025, indicando nessun costo aggiuntivo derivante dalla promozione.

L'uscente CEO James Colquhoun è passato al nuovo ruolo di Chief Business Development Officer il 26 giugno 2025, mantenendo una presenza esecutiva ma rinunciando al controllo operativo quotidiano. Il documento non contiene revisioni delle previsioni finanziarie precedenti, nuove disposizioni retributive o modifiche alla strategia aziendale. Un comunicato stampa datato 30 giugno 2025 (Esibizione 99.1) conferma pubblicamente la decisione. Oltre alle consuete liste di allegati all'Item 9.01, il rapporto non include bilanci, attività di fusioni e acquisizioni o dati sugli utili. Pertanto, il modulo 8-K è limitato agli aspetti di governance sotto l'Item 5.02 e va considerato principalmente come una comunicazione di pianificazione della successione piuttosto che un segnale di impatti operativi o finanziari immediati.

Gaia, Inc. (Nasdaq: GAIA) presentó un Formulario 8-K para revelar un cambio en la dirección efectivo a partir del 27 de junio de 2025. La Junta Directiva nombró a Kiersten Medvedich, de 52 años, como Directora Ejecutiva. Medvedich, quien ha ascendido en varios puestos senior de contenido desde que se unió a Gaia en 2016 � desempeñándose más recientemente como Presidenta desde junio de 2023 � reportará directamente al Presidente Ejecutivo Jirka Rysavy. Su paquete de compensación permanece igual que el divulgado en la declaración proxy del 8 de abril de 2025, lo que indica que no hay costos adicionales por el ascenso.

El CEO saliente, James Colquhoun, pasó al nuevo puesto definido de Director de Desarrollo Comercial el 26 de junio de 2025, manteniendo una presencia ejecutiva pero cediendo el control operativo diario. La presentación no incluye revisiones a las guías financieras previas, nuevos acuerdos de compensación ni cambios en la estrategia de la empresa. Un comunicado de prensa fechado el 30 de junio de 2025 (Exhibición 99.1) confirma públicamente el cambio. Aparte de las listas habituales de anexos en el Ãtem 9.01, el informe no contiene estados financieros, actividades de fusiones y adquisiciones ni datos de ganancias. Por lo tanto, el Formulario 8-K está limitado a asuntos de gobernanza bajo el Ãtem 5.02 y debe considerarse principalmente como una divulgación de planificación de sucesión más que como una señal de impacto operativo o financiero inmediato.

Gaia, Inc. (나스ë‹�: GAIA)ëŠ� 2025ë…� 6ì›� 27ì¼ë¶€í„� 발효ë˜ëŠ” ê²½ì˜ì§� ë³€ê²� 사항ì� 공개하기 위해 Form 8-Kë¥� 제출했습니다. ì´ì‚¬íšŒëŠ” 52ì„¸ì˜ Kiersten Medvedichë¥� 최고경ì˜ìž�(CEO)ë¡� 임명했습니다. MedvedichëŠ� 2016ë…� Gaiaì—� 입사í•� ì´í›„ 여러 고위 콘í…ì¸� ì§ì±…ì� ê±°ì³ 2023ë…� 6월부í„� 사장으로 재ì§í–ˆìœ¼ë©�, 앞으로는 ì§‘í–‰ ì˜ìž¥ Jirka Rysavyì—게 ì§ì ‘ ë³´ê³ í•� 예정입니ë‹�. 그녀ì� ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 2025ë…� 4ì›� 8ì� 회사ì� 위임ìž� ë³´ê³ ì„œì— ê³µê°œë� ë‚´ìš©ê³� ë™ì¼í•˜ì—¬ 승진ì—� 따른 추가 비용ì� ì—†ìŒì� 나타냅니ë‹�.

퇴임하는 CEO James ColquhounëŠ� 2025ë…� 6ì›� 26ì� 새로 ì •ì˜ë� 최고사업개발책임ìž�(Chief Business Development Officer) ì§ì±…으로 전환하여 ê²½ì˜ì§„으로서ì� ì—­í• ì€ ìœ ì§€í•˜ë˜ ì¼ìƒì ì¸ ìš´ì˜ ê´€ë¦¬ëŠ” 넘겼습니ë‹�. 제출 서류ì—는 ì´ì „ì—� 발표ë� 재무 ê°€ì´ë“œë¼ì¸ì� 수정, 새로ìš� ë³´ìƒ ì²´ê³„, 회사ì� ì „ëžµì � ì „ë§ ë³€ê²� 사항ì� í¬í•¨ë˜ì–´ 있지 않습니다. 2025ë…� 6ì›� 30ì¼ìž ë³´ë„ìžë£Œ(ì¦ê±°ìžë£Œ 99.1)ê°€ ì´ë²ˆ ì¸ì‚¬ë¥� ê³µì‹ì ìœ¼ë¡� 확ì¸í•´ì¤ë‹ˆë‹¤. 통ìƒì ì¸ Item 9.01 전시 ëª©ë¡ ì™¸ì—ëŠ� 재무제표, ì¸ìˆ˜í•©ë³‘ 활ë™, ìˆ˜ìµ ë°ì´í„°ê°€ í¬í•¨ë˜ì–´ 있지 않습니다. ë”°ë¼ì„� ì� Form 8-KëŠ� Item 5.02ì—� 따른 거버넌스 사항ì—� 한정ë˜ë©°, 즉ê°ì ì¸ ìš´ì˜ ë˜ëŠ” 재무 ì˜í–¥ì� 신호ë¼ê¸°ë³´ë‹¤ëŠ� 주로 승계 ê³„íš ê³µê°œë¡� ë´ì•¼ 합니ë‹�.

Gaia, Inc. (Nasdaq : GAIA) a déposé un formulaire 8-K pour annoncer un changement de direction effectif au 27 juin 2025. Le conseil d'administration a nommé Kiersten Medvedich, 52 ans, au poste de directrice générale. Medvedich, qui a gravi plusieurs échelons dans des postes seniors liés au contenu depuis son arrivée chez Gaia en 2016 � occupant le poste de présidente depuis juin 2023 � rapportera directement au président exécutif Jirka Rysavy. Son package de rémunération reste inchangé par rapport à celui divulgué dans la déclaration de procuration du 8 avril 2025, indiquant qu'il n'y a pas de coût supplémentaire lié à cette promotion.

Le PDG sortant, James Colquhoun, est passé au poste nouvellement défini de directeur du développement commercial le 26 juin 2025, conservant une présence exécutive mais abandonnant le contrôle opérationnel quotidien. Le dépôt ne contient aucune révision des prévisions financières précédemment publiées, aucun nouvel arrangement de rémunération ni aucun changement dans la stratégie de l'entreprise. Un communiqué de presse daté du 30 juin 2025 (Exhibit 99.1) confirme publiquement ce changement. En dehors des annexes habituelles listées à l'Item 9.01, le rapport ne comprend aucun état financier, activité de fusion-acquisition ou données de résultats. Par conséquent, le formulaire 8-K se limite aux questions de gouvernance sous l'Item 5.02 et doit être considéré principalement comme une divulgation de planification de la succession plutôt que comme un indicateur d'impact opérationnel ou financier immédiat.

Gaia, Inc. (Nasdaq: GAIA) hat ein Formular 8-K eingereicht, um eine Führungsänderung mit Wirkung zum 27. Juni 2025 bekannt zu geben. Der Vorstand ernannte Kiersten Medvedich, 52 Jahre alt, zur Chief Executive Officer. Medvedich, die seit ihrem Eintritt bei Gaia im Jahr 2016 mehrere leitende Positionen im Content-Bereich bekleidete und seit Juni 2023 als Präsidentin tätig war, wird direkt an den Executive Chairman Jirka Rysavy berichten. Ihr Vergütungspaket bleibt unverändert gegenüber der im Proxy Statement vom 8. April 2025 offengelegten Vergütung, was keine zusätzlichen Kosten durch die Beförderung bedeutet.

Der scheidende CEO James Colquhoun wechselte am 26. Juni 2025 in die neu definierte Position des Chief Business Development Officer und behält damit eine Führungsrolle, gibt jedoch die tägliche operative Kontrolle ab. Die Einreichung enthält keine Änderungen der zuvor veröffentlichten Finanzprognosen, keine neuen Vergütungsvereinbarungen und keine Änderungen der Unternehmensstrategie. Eine Pressemitteilung vom 30. Juni 2025 (Exhibit 99.1) bestätigt den Wechsel öffentlich. Abgesehen von den üblichen Anlagen gemäß Punkt 9.01 enthält der Bericht keine Finanzberichte, M&A-Aktivitäten oder Gewinnzahlen. Das Formular 8-K beschränkt sich somit auf Governance-Themen gemäß Punkt 5.02 und sollte hauptsächlich als Mitteilung zur Nachfolgeplanung verstanden werden, nicht als Zeichen für unmittelbare operative oder finanzielle Auswirkungen.

Positive
  • Continuity of leadership: Promotion of long-time executive Kiersten Medvedich ensures institutional knowledge and strategic consistency.
  • No additional compensation expense: CEO pay remains as previously disclosed, avoiding incremental cost pressure.
Negative
  • CEO turnover: Departure of James Colquhoun from the chief executive role introduces potential execution uncertainty until new leadership is proven.

Insights

TL;DR: Internal promotion to CEO signals continuity; limited immediate governance risk.

The Board elevated long-tenured executive Kiersten Medvedich to CEO, replacing James Colquhoun, who remains in an executive capacity. Because the successor has been President since 2023 and compensation is unchanged, the transition appears orderly and pre-planned, minimizing disruption. No restatement of strategy or additional incentives were provided, suggesting stability in corporate governance. The absence of any board resignations or disagreements further supports a neutral governance risk profile.

TL;DR: Leadership shuffle is neutral for valuation; watch execution under new CEO.

The 8-K does not include financial metrics, guidance, or cost changes, so immediate valuation impact is minimal. However, Medvedich’s deep content background aligns with Gaia’s subscription-driven streaming model, potentially reinforcing strategic focus on original content. With Colquhoun now dedicated to business development, investors should monitor customer acquisition metrics and churn trends in coming quarters to assess the effectiveness of the new leadership dynamic.

Gaia, Inc. (Nasdaq: GAIA) ha presentato un modulo 8-K per comunicare un cambiamento nella leadership effettivo dal 27 giugno 2025. Il Consiglio di Amministrazione ha nominato Kiersten Medvedich, 52 anni, come Amministratore Delegato. Medvedich, che ha ricoperto diversi ruoli senior nel settore contenuti dal suo ingresso in Gaia nel 2016 � ultimo dei quali Presidente da giugno 2023 � riferirà direttamente al Presidente Esecutivo Jirka Rysavy. Il suo pacchetto retributivo resta invariato rispetto a quanto dichiarato nella relazione proxy dell'8 aprile 2025, indicando nessun costo aggiuntivo derivante dalla promozione.

L'uscente CEO James Colquhoun è passato al nuovo ruolo di Chief Business Development Officer il 26 giugno 2025, mantenendo una presenza esecutiva ma rinunciando al controllo operativo quotidiano. Il documento non contiene revisioni delle previsioni finanziarie precedenti, nuove disposizioni retributive o modifiche alla strategia aziendale. Un comunicato stampa datato 30 giugno 2025 (Esibizione 99.1) conferma pubblicamente la decisione. Oltre alle consuete liste di allegati all'Item 9.01, il rapporto non include bilanci, attività di fusioni e acquisizioni o dati sugli utili. Pertanto, il modulo 8-K è limitato agli aspetti di governance sotto l'Item 5.02 e va considerato principalmente come una comunicazione di pianificazione della successione piuttosto che un segnale di impatti operativi o finanziari immediati.

Gaia, Inc. (Nasdaq: GAIA) presentó un Formulario 8-K para revelar un cambio en la dirección efectivo a partir del 27 de junio de 2025. La Junta Directiva nombró a Kiersten Medvedich, de 52 años, como Directora Ejecutiva. Medvedich, quien ha ascendido en varios puestos senior de contenido desde que se unió a Gaia en 2016 � desempeñándose más recientemente como Presidenta desde junio de 2023 � reportará directamente al Presidente Ejecutivo Jirka Rysavy. Su paquete de compensación permanece igual que el divulgado en la declaración proxy del 8 de abril de 2025, lo que indica que no hay costos adicionales por el ascenso.

El CEO saliente, James Colquhoun, pasó al nuevo puesto definido de Director de Desarrollo Comercial el 26 de junio de 2025, manteniendo una presencia ejecutiva pero cediendo el control operativo diario. La presentación no incluye revisiones a las guías financieras previas, nuevos acuerdos de compensación ni cambios en la estrategia de la empresa. Un comunicado de prensa fechado el 30 de junio de 2025 (Exhibición 99.1) confirma públicamente el cambio. Aparte de las listas habituales de anexos en el Ãtem 9.01, el informe no contiene estados financieros, actividades de fusiones y adquisiciones ni datos de ganancias. Por lo tanto, el Formulario 8-K está limitado a asuntos de gobernanza bajo el Ãtem 5.02 y debe considerarse principalmente como una divulgación de planificación de sucesión más que como una señal de impacto operativo o financiero inmediato.

Gaia, Inc. (나스ë‹�: GAIA)ëŠ� 2025ë…� 6ì›� 27ì¼ë¶€í„� 발효ë˜ëŠ” ê²½ì˜ì§� ë³€ê²� 사항ì� 공개하기 위해 Form 8-Kë¥� 제출했습니다. ì´ì‚¬íšŒëŠ” 52ì„¸ì˜ Kiersten Medvedichë¥� 최고경ì˜ìž�(CEO)ë¡� 임명했습니다. MedvedichëŠ� 2016ë…� Gaiaì—� 입사í•� ì´í›„ 여러 고위 콘í…ì¸� ì§ì±…ì� ê±°ì³ 2023ë…� 6월부í„� 사장으로 재ì§í–ˆìœ¼ë©�, 앞으로는 ì§‘í–‰ ì˜ìž¥ Jirka Rysavyì—게 ì§ì ‘ ë³´ê³ í•� 예정입니ë‹�. 그녀ì� ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 2025ë…� 4ì›� 8ì� 회사ì� 위임ìž� ë³´ê³ ì„œì— ê³µê°œë� ë‚´ìš©ê³� ë™ì¼í•˜ì—¬ 승진ì—� 따른 추가 비용ì� ì—†ìŒì� 나타냅니ë‹�.

퇴임하는 CEO James ColquhounëŠ� 2025ë…� 6ì›� 26ì� 새로 ì •ì˜ë� 최고사업개발책임ìž�(Chief Business Development Officer) ì§ì±…으로 전환하여 ê²½ì˜ì§„으로서ì� ì—­í• ì€ ìœ ì§€í•˜ë˜ ì¼ìƒì ì¸ ìš´ì˜ ê´€ë¦¬ëŠ” 넘겼습니ë‹�. 제출 서류ì—는 ì´ì „ì—� 발표ë� 재무 ê°€ì´ë“œë¼ì¸ì� 수정, 새로ìš� ë³´ìƒ ì²´ê³„, 회사ì� ì „ëžµì � ì „ë§ ë³€ê²� 사항ì� í¬í•¨ë˜ì–´ 있지 않습니다. 2025ë…� 6ì›� 30ì¼ìž ë³´ë„ìžë£Œ(ì¦ê±°ìžë£Œ 99.1)ê°€ ì´ë²ˆ ì¸ì‚¬ë¥� ê³µì‹ì ìœ¼ë¡� 확ì¸í•´ì¤ë‹ˆë‹¤. 통ìƒì ì¸ Item 9.01 전시 ëª©ë¡ ì™¸ì—ëŠ� 재무제표, ì¸ìˆ˜í•©ë³‘ 활ë™, ìˆ˜ìµ ë°ì´í„°ê°€ í¬í•¨ë˜ì–´ 있지 않습니다. ë”°ë¼ì„� ì� Form 8-KëŠ� Item 5.02ì—� 따른 거버넌스 사항ì—� 한정ë˜ë©°, 즉ê°ì ì¸ ìš´ì˜ ë˜ëŠ” 재무 ì˜í–¥ì� 신호ë¼ê¸°ë³´ë‹¤ëŠ� 주로 승계 ê³„íš ê³µê°œë¡� ë´ì•¼ 합니ë‹�.

Gaia, Inc. (Nasdaq : GAIA) a déposé un formulaire 8-K pour annoncer un changement de direction effectif au 27 juin 2025. Le conseil d'administration a nommé Kiersten Medvedich, 52 ans, au poste de directrice générale. Medvedich, qui a gravi plusieurs échelons dans des postes seniors liés au contenu depuis son arrivée chez Gaia en 2016 � occupant le poste de présidente depuis juin 2023 � rapportera directement au président exécutif Jirka Rysavy. Son package de rémunération reste inchangé par rapport à celui divulgué dans la déclaration de procuration du 8 avril 2025, indiquant qu'il n'y a pas de coût supplémentaire lié à cette promotion.

Le PDG sortant, James Colquhoun, est passé au poste nouvellement défini de directeur du développement commercial le 26 juin 2025, conservant une présence exécutive mais abandonnant le contrôle opérationnel quotidien. Le dépôt ne contient aucune révision des prévisions financières précédemment publiées, aucun nouvel arrangement de rémunération ni aucun changement dans la stratégie de l'entreprise. Un communiqué de presse daté du 30 juin 2025 (Exhibit 99.1) confirme publiquement ce changement. En dehors des annexes habituelles listées à l'Item 9.01, le rapport ne comprend aucun état financier, activité de fusion-acquisition ou données de résultats. Par conséquent, le formulaire 8-K se limite aux questions de gouvernance sous l'Item 5.02 et doit être considéré principalement comme une divulgation de planification de la succession plutôt que comme un indicateur d'impact opérationnel ou financier immédiat.

Gaia, Inc. (Nasdaq: GAIA) hat ein Formular 8-K eingereicht, um eine Führungsänderung mit Wirkung zum 27. Juni 2025 bekannt zu geben. Der Vorstand ernannte Kiersten Medvedich, 52 Jahre alt, zur Chief Executive Officer. Medvedich, die seit ihrem Eintritt bei Gaia im Jahr 2016 mehrere leitende Positionen im Content-Bereich bekleidete und seit Juni 2023 als Präsidentin tätig war, wird direkt an den Executive Chairman Jirka Rysavy berichten. Ihr Vergütungspaket bleibt unverändert gegenüber der im Proxy Statement vom 8. April 2025 offengelegten Vergütung, was keine zusätzlichen Kosten durch die Beförderung bedeutet.

Der scheidende CEO James Colquhoun wechselte am 26. Juni 2025 in die neu definierte Position des Chief Business Development Officer und behält damit eine Führungsrolle, gibt jedoch die tägliche operative Kontrolle ab. Die Einreichung enthält keine Änderungen der zuvor veröffentlichten Finanzprognosen, keine neuen Vergütungsvereinbarungen und keine Änderungen der Unternehmensstrategie. Eine Pressemitteilung vom 30. Juni 2025 (Exhibit 99.1) bestätigt den Wechsel öffentlich. Abgesehen von den üblichen Anlagen gemäß Punkt 9.01 enthält der Bericht keine Finanzberichte, M&A-Aktivitäten oder Gewinnzahlen. Das Formular 8-K beschränkt sich somit auf Governance-Themen gemäß Punkt 5.02 und sollte hauptsächlich als Mitteilung zur Nachfolgeplanung verstanden werden, nicht als Zeichen für unmittelbare operative oder finanzielle Auswirkungen.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

 

Filed by the Registrant ☒

 

Filed by a party other than the Registrant ☐

 

Check the appropriate box:

 

Preliminary Proxy Statement
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
Definitive Proxy Statement
Definitive Additional Materials
Soliciting Material under §240.14a-12

 

Sidus Space, Inc.
(Name of Registrant as Specified In Its Charter)

 

 
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check all boxes that apply):

 

No fee required.
Fee paid previously with preliminary materials.
Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

  (1) Title of each class of securities to which transaction applies:
     
  (2) Aggregate number of securities to which transaction applies:
     
  (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
     
  (4) Proposed maximum aggregate value of transaction:
     
  (5) Total fee paid:
     

 

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

  (1) Amount Previously Paid:
     
  (2) Form, Schedule or Registration Statement No.:
     
  (3) Filing Party:
     
  (4) Date Filed:
     

 

 

 

 

 

 

 

 

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): June 20, 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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On June 20, 2025, the Board of Directors of Sidus Space, Inc. (the “Company”) approved an amendment of the Company’s Bylaws (the “Bylaws”) to change the quorum for stockholder meetings to equal one-third (33.33%) of the shares issued and outstanding and entitled to vote on the matters at the meeting. The change to the quorum requirement for stockholder meetings was made to improve the Company’s ability to hold stockholder meetings when called.

 

The foregoing description of the amendment is qualified in its entirety by reference to the full text of the Amendment to the Company’s Bylaws, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
3.1   Amendment to Amended and Restated Bylaws, as amended, of Sidus Space, Inc.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

-2-

 

 

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: June 23, 2025  
  By:

/s/ Carol Craig

  Name: Carol Craig
  Title: Chief Executive Officer

 

-3-

 

 

Exhibit 3.1

 

AMENDMENT TO THE

 

AMENDED AND RESTATED BYLAWS, AS AMENDED

 

OF

 

SIDUS SPACE, INC.

 

(the “Corporation”)

 

Section 2.8 of Article I of the Amended and Restated Bylaws, as amended, of the Corporation (the “Bylaws”), is hereby amended by deleting the first sentence of Section 2.8 in its entirety and replacing it with:

 

“Unless otherwise provided by law, the certificate of incorporation or these bylaws, the holders of stock representing 1/3 of the voting power of the stock issued and outstanding and entitled to vote, present in person, or by remote communication, if applicable, or represented by proxy, shall constitute a quorum for the transaction of business at all meetings of the stockholders.”

 

 

 

FAQ

Why did Gaia (GAIA) file this Form 8-K on June 30, 2025?

To disclose the Board’s appointment of Kiersten Medvedich as CEO and James Colquhoun’s transition to Chief Business Development Officer.

When does Kiersten Medvedich officially become CEO of GAIA?

The appointment became effective on June 27, 2025.

Is Kiersten Medvedich receiving a new compensation package as CEO of GAIA?

No. The filing states her compensation is unchanged from what was disclosed in the April 8, 2025 proxy statement.

What role will former CEO James Colquhoun have after the transition at GAIA?

He moved to the role of Chief Business Development Officer on June 26, 2025.

Does the 8-K include any financial results or guidance for Gaia, Inc.?

No. The report is limited to governance matters and contains no earnings or guidance updates.

Where can investors find the official press release about GAIA’s leadership change?

The press release is attached as Exhibit 99.1 to the Form 8-K, dated June 30, 2025.
Sidus Space Inc

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