Company: SATLW
Filing Date: 2025-10-16
Form Type: 424B5
Source: 0001437749-25-031167
Chunk: 31

Company: Satellogic Inc.
Filing Date: 2025-10-16
Form: 424B5
Chunk 31
---
, there is a small likelihood that any of the Warrants will be exercised. We expect to use the net proceeds from the exercise of the Warrants, if any, for general corporate purposes. We expect to use the net proceeds from the sale of the $150,000,000 aggregate amount of shares of Class A Common Stock for general corporate purposes. We will not receive any proceeds from the sale of securities to be offered by the Selling Securityholders pursuant to this prospectus. However, we will pay the expenses, other than underwriting discounts and commissions and expenses incurred by the Selling Securityholders for brokerage, accounting, tax or legal services or any other expenses incurred by the Selling Securityholders in disposing of any securities pursuant to this prospectus.

Our registration of the Class A Common Stock and Warrants covered by this prospectus does not mean that either we or any Selling Securityholders will issue, offer or sell, as applicable, any of the shares of Class A Common Stock or Warrants. The Selling Securityholders may offer and sell the Class A Common Stock or Warrants covered by this prospectus in a number of different ways and at varying prices. As described above, the Selling Securityholders purchased the shares of Class A Common Stock covered by this prospectus for prices ranging from no consideration to $8.00, which is at or below the $10.00 price per unit purchased by public investors in the SPAC IPO. The closing price of our Class A Common Stock and our $8.63 Warrants on Nasdaq on March 21, 2025 was $3.79 and $0.53, respectively. None of our other warrants are listed for trading on any securities exchange. Consequently, the Selling Securityholders may realize a positive rate of return on the sale of their Class A Common Stock covered by this prospectus even if the market price per Class A Common Stock is below $10.00 per share, in which case the public stockholders may experience a negative rate of return on their investment. In addition, conversion of the Notes into Class A Common Stock is subject to CFIUS Approval (as defined below). As of the date hereof, CFIUS Approval has not been sought or obtained. See “Prospectus Summary—Recent Developments—Secured Convertible Notes.”

With respect to the Company’s offering of $150,000,000 aggregate amount of our Class A Common Stock, this prospectus describes the general terms of these securities and the general manner in which these securities will be offered. We will