Company: SATLW
Filing Date: 2025-04-15
Form Type: 424B5
Source: 0001437749-25-012003
Chunk: 11

Company: Satellogic Inc.
Filing Date: 2025-04-15
Form: 424B5
Chunk 11
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Additionally, any convertible or exchangeable securities that we issue in the future may have rights, preferences, and privileges more favorable than those of our Class A Common Stock and may result in dilution of owners of our Class A Common Stock. We and, indirectly, our stockholders, 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 Class A Common Stock. Additional equity offerings may dilute the holdings of our existing stockholders or reduce the 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.

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 $3.55 per share, representing the difference between the public offering price per share and our as adjusted net tangible book value as of December 31, 2024. In addition, if 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.”

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

Our audited consolidated annual financial statements as of December 31, 2024 have been prepared under the assumption that we will continue as a going concern for the next twelve months. As of December 31, 2024, we had cash and cash equivalents of $22.5 million and an accumulated deficit of $400.1 million. We do not believe that our cash and cash