Satellogic Announces Pricing of $90 Million Public Offering of Class A Common Stock

Core Viewpoint - Satellogic Inc. has announced a public offering of 27,692,308 shares of Class A common stock at a price of $3.25 per share, aiming to raise approximately $90 million in gross proceeds before expenses [1][2] Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase an additional 4,153,846 shares on the same terms [1] - The expected closing date for the offering is around October 17, 2025, pending customary closing conditions [1] - The net proceeds from the offering will be used for general corporate purposes [2] Group 2: Underwriters and Management - Cantor and Titan Partners Group are serving as joint bookrunning managers for the offering, with Craig-Hallum and Northland Capital Markets as co-managers [2] Group 3: 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-quality data at competitive prices [7]