Company: SATLW
Filing Date: 2025-10-15
Form Type: 424B5
Source: 0001437749-25-031060
Chunk: 18

Company: Satellogic Inc.
Filing Date: 2025-10-15
Form: 424B5
Chunk 18
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 will depend on numerous factors, including the factors described under “Risk Factors” in this prospectus supplement, the accompanying prospectus and the documents incorporated by reference herein. We therefore cannot estimate with certainty the amount of net proceeds to be used for the purpose described above. While we intend to spend the net proceeds of the offering as stated above, there may be circumstances where, for sound business reasons, a re-allocation of funds may be necessary or advisable.

<div align='center'>S-8

DIVIDEND POLICY</div>

We have never declared or paid any cash dividends and have no plan to declare or pay any dividends on our Class A Common Stock in the foreseeable future. We currently intend to retain any earnings for future operations and expansion of our business. The declaration and payment of any dividends in the future will be determined by the Board in its discretion, and will depend on a number of factors, including our earnings, capital requirements, overall financing condition, applicable law and contractual restrictions.

<div align='center'>S-9

DILUTION</div>

If you invest in this offering, your ownership interest will be diluted to the extent of the difference between the public offering price per share in this offering and the as adjusted net tangible book value (deficit) per share immediately after giving effect to this offering. We calculate net tangible book value (deficit) per share by dividing the net tangible book value (deficit), which is tangible assets (consisting of cash and cash equivalents and property and equipment) less total liabilities, by the number of outstanding shares of Class A Common Stock and Class B Common Stock. Dilution represents the difference between the amount per share paid by the investors participating in this offering and the as adjusted net tangible book value (deficit) per share immediately after giving effect to this offering. Our net tangible book value (deficit) as of June 30, 2025 was approximately $(84.6) million, or $(0.80) per share.

After giving effect to the sale by us of Shares at the offering price of $ per share and after deducting the underwriting discounts and commissions and estimated offering expenses, our as adjusted net tangible book value as of June 30, 2025 would have been approximately $ million, or $ per share. This represents an immediate increase in as adjusted net tangible book value of $ per share to our existing stockholders and an immediate dilution of $ per share issued to investors participating in this offering.

The following table illustrates this per share dilution: