Company: SATLW
Filing Date: 2025-04-10
Form Type: 424B5
Source: 0001437749-25-011569
Chunk: 9

Company: Satellogic Inc.
Filing Date: 2025-04-10
Form: 424B5
Chunk 9
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 Stock in this offering to an account over which it exercises discretionary authority without the prior specific written approval of the account holder. Pursuant to the Sales Agreement and in accordance with Rule 5121, Northland has agreed to act as a “qualified independent underwriter” in this offering for no additional compensation. We have agreed to indemnify Northland against certain liabilities incurred in connection with acting as a qualified independent underwriter. See “Plan of Distribution (Conflicts of Interest)” on page S-14 of this prospectus supplement. |
| Use of Proceeds                                                            |     | We intend to use the net proceeds from the sale of our Class A Common Stock pursuant to this offering, if any, for general corporate purposes. See “Use of Proceeds” on page S-7 of this prospectus supplement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Risk Factors                                                               |     | Investing in shares of our Class A Common Stock involves risks. See “Risk Factors” beginning on page S-3 of this prospectus supplement, as well as those risks and uncertainties identified in the documents incorporated by reference herein or therein, including our most recent Annual Report on Form 10-K.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Nasdaq Listing                                                             |     | SATL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

| (1) | The number of shares of Class A Common Stock to be outstanding after this offering is based on 82,432,678 shares of Class A Common Stock outstanding as of December 31, 2024, which excludes the following securities outstanding as of that date: |

| ● | 49,184,915 warrants to purchase shares of Class A Common Stock; |

| ● | 13,582,642 shares of Class A Common Stock issuable upon conversion of the outstanding shares of Class B Common Stock; |

| ● | 2,893,396 restricted stock units granted under the Company’s Amended and Restated Equity Incentive Plan; |

| ● | 3,234,296 stock options granted under the Company’s Equity Incentive Plan; |

| ● | 25,000,000 shares of Class A Common Stock issuable upon conversion of the Secured Convertible Notes (as defined below); and |

| ● | 1,775,962 shares of Class A Common Stock held by CFAC Holdings V, LLC, that will vest subject to the achievement of certain earnout triggers pursuant to the Sponsor Support Agreement, dated as