Company: SATLW
Filing Date: 2025-10-15
Form Type: 424B5
Source: 0001437749-25-031060
Chunk: 14

Company: Satellogic Inc.
Filing Date: 2025-10-15
Form: 424B5
Chunk 14
---
 market price of our Class A Common Stock, or both. Any preferred stock we issue in the future could have a preference on liquidating distributions or a preference on dividend payments that could limit our ability to make a dividend distribution to the holders of our Class A Common Stock. Because our decision to issue securities in any future offering will depend on market conditions and other factors beyond our control, we cannot predict or estimate the amount, timing, or nature of our future offerings. Thus, holders of our Class A Common Stock bear the risk of our future offerings reducing the market price of our Class A Common Stock and diluting their ownership interest in us.

If you purchase securities sold in this offering, you may experience immediate dilution as a result of this offering as well as future dilution as a result of any future equity offerings.

The public offering price per Share in this offering is substantially higher than the net tangible book value per share before giving effect to this offering. Accordingly, if you purchase Shares in this offering, you will incur immediate substantial dilution of approximately $ per share, representing the difference between the public offering price per share and our as adjusted net tangible book value as of June 30, 2025. In addition, if we offer additional shares of Class A Common Stock in the future or our outstanding options or warrants are exercised, you could experience further dilution. For a further description of the dilution that you will experience immediately after this offering, see the section in this prospectus supplement entitled “Dilution.”

There is substantial doubt about our ability to continue as a going concern.

Our unaudited condensed consolidated interim financial statements as of June 30, 2025 have been prepared under the assumption that we will continue as a going concern for the next twelve months. As of June 30, 2025, we had cash and cash equivalents of $32.6 million and an accumulated deficit of $439.3 million. As of September 30, 2025, we had estimated cash and cash equivalents of $28.3 million. We do not believe that our cash and cash equivalents are sufficient to fund operations and capital expenditures to reach larger scale revenue generation from our product offerings. As a result of our financial condition and other factors described herein, there is substantial doubt about our ability to continue as a going concern. Our ability to continue as a going concern will depend on our ability to obtain additional funding, as to which no assurances can be given. We continue to analyze various alternatives, including potentially obtaining debt or equity financings