Company: SATLW
Filing Date: 2025-02-13
Form Type: 6-K
Source: 0001437749-25-003636
Chunk: 1

Company: Satellogic Inc.
Filing Date: 2025-02-13
Form: 6-K
Chunk 1
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or Fitzgerald & Co. (the “Cantor”) and Northland Securities, Inc. (“Northland” and, together with Cantor, the “Sales Agents” and, each, a “Sales Agent”), pursuant to which Northland was added as an additional Sales Agent in connection with the Company’s offer and sale, from time to time, through the Sales Agents, of its Class A Ordinary Shares, par value $0.0001 per share (the “Ordinary Shares”), having an aggregate offering amount of up to $50,000,000. The Amended Sales Agreement did not increase the amount of Ordinary Shares that may be offered and sold by the Company under the original sales agreement entered into between the Company and Cantor on December 20, 2024. The Company did not sell any Ordinary Shares under the original sales agreement.

On February 12, 2025, pursuant to the Amended Sales Agreement, the Company filed a supplement, dated February 12, 2025, to the prospectus supplement, forming a part of its effective registration statement on Form F-3 (File No. 333-283719), initially filed with the Securities and Exchange Commission on December 10, 2024.

The Company is not obligated to sell any Ordinary Shares under the Amended Sales Agreement. Subject to the terms and conditions of the Amended Sales Agreement, the Sales Agent, as designated by the Company, will use commercially reasonable efforts consistent with its normal trading and sales practices, applicable state and federal law, rules and regulations and the rules of The Nasdaq Capital Market to sell the Ordinary Shares from time to time based upon the Company’s instructions, including any price, time or size limits specified by the Company. Upon delivery of a placement notice, and subject to the Company’s instructions in that notice, and the terms and conditions of the Amended Sales Agreement generally, the designated Sales Agent may sell the Ordinary Shares by any method permitted by law deemed to be an “at the market offering” as defined by Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended (the “Securities Act”). The Company will pay the designated Sales Agent, in connection with the sale of the Ordinary Shares through the designated Sales Agent, in accordance with the fee schedule as set forth in the Amended Sales Agreement. The Company has agreed to provide the Sales Agents with customary indemnification, as well as agreed to reimburse the Sales Agents for certain specified expenses.

In addition, pursuant to the Am