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Satellogic Announces Proposed Public Offering of Class A Common Stock
Satellogic Satellogic (US:SATL) Globenewswireยท2025-10-15 20:36

Core Viewpoint - Satellogic Inc. plans to offer and sell shares of its Class A common stock in an underwritten public offering, with a potential 30-day option for underwriters to purchase additional shares up to 15% of the offering total [1][2] Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding the completion, size, or terms of the offering [1] - The shares are being offered under a "shelf" registration statement previously filed with the SEC, with a preliminary prospectus supplement filed on October 15, 2025 [3] - The net proceeds from the offering are anticipated to be used for general corporate purposes [2] Group 2: Company Background - Founded in 2010, Satellogic is a vertically integrated geospatial company focused on providing high-resolution Earth Observation data [5] - The company's mission is to democratize access to geospatial data to address global challenges such as climate change, energy supply, and food security [6] - Satellogic has a proven track record in satellite deployment and delivering high-resolution data at competitive price points [7]