Company: SATLW
Filing Date: 2025-10-21
Form Type: DEF 14A
Source: 0001437749-25-031429
Chunk: 21

Company: Satellogic Inc.
Filing Date: 2025-10-21
Form: DEF 14A
Chunk 21
---
2024, there was $7.5 million owed to the Liberty Investor for the Advisory Fee Cash Payments.

We are party to that certain Investment Agreement, dated May 6, 2022, by and between the Company and Officina Stellare S.p.A. (“OS”), pursuant to which the Company purchased 5% of OS’s outstanding common shares for $3.7 million and OS issued 524,715 stock warrants to the Company, giving the Company the right to convert each warrant into a single common share over a period of up to 36 months. Additionally, on January 17, 2022, we entered into a master supply agreement with OS aimed at regulating the terms and conditions under which we will purchase from OS, and OS will sell or provide to the us, certain products and ancillary services to be integrated into our satellites. We made purchases totaling $1.3 million from OS in the year ended December 31, 2024 and there was $0.9 million owed to OS and included in accounts payable at December 31, 2024. We made purchases totaling $1.8 million from OS in the year ended December 31, 2023 and there was $0.3 million owed to OS and included in accounts payable at December 31, 2023. Emiliano Kargieman, our Chief Executive Officer, is a member of the OS board of directors.

<div align='center'>17</div>

We are a party to that certain Note Purchase Agreement, dated April 12, 2024, by and among the Company, Nettar Group Inc. (“Nettar”), Acquiom Agency Services LLC (the “Holder Representative”) and the purchaser identified therein (the “Note Purchase Agreement”), pursuant to which Nettar agreed to issue $30 million in aggregate principal amount of floating rate secured convertible promissory notes (the “Secured Convertible Notes”) to the purchaser. Cantor Fitzgerald & Co. (“CF&Co.”) served as the Company’s financial advisor in connection with the offering and sale of the Secured Convertible Notes. CF&Co. is controlled by Cantor Fitzgerald, L.P., which beneficially owns more than 10% of our Class A common stock. Pursuant to a letter agreement executed in connection with the Note Purchase Agreement, CF&Co received a fee equal to $0.9 million after the closing of the Secured Convertible Notes. Howard Lutnick, a former member of the Board who