Company: SATLW
Filing Date: 2025-03-26
Form Type: 8-A12B
Source: 0001437749-25-009268
Chunk: 6

Company: Satellogic Inc.
Filing Date: 2025-03-26
Form: 8-A12B
Chunk 6
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 employee benefit plans.

Classified Board of Directors

Our Charter provides that our Board shall be divided into three classes, with the classes as nearly equal in number as possible and each class serving three-year staggered terms. In all other cases and at any other time, directors may only be removed from our Board only for cause and only by the affirmative vote of at least a majority of the voting power of the outstanding voting stock of the Company, voting together as a single class.

Stockholder Action; Special Meeting of Stockholders

Our Charter provides that no action required or permitted to be taken by stockholders at any meeting of stockholders may be effected by written consent unless signed by all holders of such class or series of common stock or preferred stock, as applicable. Our Charter and bylaws further provide that regular annual meetings shall be called by the Board and special meetings may be called only by the Board (pursuant to an affirmative vote of the majority of the Board) or the chairperson of the Board (who is required to call such meeting whenever requested in writing by stockholders representing at least 30% of the voting power of the outstanding voting stock).

Advance Notice Requirements for Stockholder Proposals and Director Nominations

As permitted, but not required by, the DGCL, our bylaws provide that in general, to bring a matter before an annual meeting or to nominate a candidate for director, a stockholder must give notice of the proposed matter or nomination not less than 90 days and not more than 120 days prior to the first anniversary of the preceding year’s annual meeting. In the event that the date of the annual meeting is more than 30 days before or more than 70 days after such anniversary date, notice must be delivered not earlier than 120 days prior to the annual meeting and not later than the later of (1) the tenth day following the public announcement of the annual meeting or (2) the date which is 90 days prior to the date of the annual meeting.

Section 203 of the DGCL

As permitted by the DGCL, we have elected not to be governed by Section 203 of the DGCL, which prohibits persons deemed “interested stockholders” from engaging in a “business combination” with a publicly held Delaware corporation for three years following the date these persons become interested stockholders unless the business combination is, or the transaction in which the person became an interested stockholder was, approved in a prescribed manner or another prescribed exception applies. Generally, an “interested stockholder” is a person