Company: SATLW
Filing Date: 2025-02-14
Form Type: F-4
Source: 0001437749-25-004040
Chunk: 77

Company: Satellogic Inc.
Filing Date: 2025-02-14
Form: F-4
Chunk 77
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, issued by us.

Additionally, any convertible or exchangeable securities that we issue in the future may have rights, preferences, and privileges more favorable than those of our BVI Class A Ordinary Shares (and following the effectiveness of the Domestication, the DE Class A Common Stock) and may result in dilution of owners of our BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable. We and, indirectly, our shareholders, will bear the cost of issuing and servicing such securities. Upon liquidation, holders of our debt securities and preferred stock (if any), and lenders with respect to other borrowings, will receive a distribution of our available assets prior to the holders of our BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable. Additional equity offerings may dilute the holdings of our existing shareholders or reduce the market price of our BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable, 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 BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable. 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 BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable, bear the risk of our future offerings reducing the market price of our BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable, and diluting their ownership interest in us.

There can be no assurance that our BVI Class A Ordinary Shares or the BVI Warrants (or following the effectiveness of the Domestication, our DE Class A Common Stock and DE Common Stock) will remain listed on Nasdaq, or that we will be able to comply with the continued listing standards of Nasdaq.

If Nasdaq chooses to delist us for failure to meet their listing standards, we and our stockholders could face significant material adverse consequences, including:

| ● | a limited availability of market quotations for our securities; |

| ● | reduced liquidity for our securities; |

| ● | A determination that our BVI Class A Ordinary Shares or DE Class A Common Stock are a “penny stock”, which will require brokers trading in our BVI Class A Ordinary Shares or DE Class A Common Stock to adhere to more