Company: SATLW
Filing Date: 2025-02-14
Form Type: F-4
Source: 0001437749-25-004040
Chunk: 139

Company: Satellogic Inc.
Filing Date: 2025-02-14
Form: F-4
Chunk 139
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6.1 | Each Class A Share confers on the holder: |

| (a) | the right to one (1) vote on any Resolution of Members; |

| (b) | the right to an equal share in any dividend paid by the Company in accordance with the Statute; and |

| (c) | the right to an equal share in the distribution of the surplus assets of the Company. |

| 7 | Rights Attaching to Class B Shares |

| 7.1 | Each Class B Share confers on the holder: |

| (a) | the right to 1.463844005 votes on any Resolution of Members (the "Class B Vote Per Share") with the Class B Vote Per Share being subject to automatic adjustment as provided for in Clause 7.2 below; |

| (b) | the right to an equal share in any dividend paid by the Company in accordance with the Statute; |

| (c) | the right to an equal share in the distribution of the surplus assets of the Company; and |

| (d) | the conversion rights exercisable in accordance with Clause 9 of the Memorandum. |

| 7.2 | Automatic Adjustment to Class B Vote Per Share: |

| (a) | The Class B Vote Per Share provided for in Clause 7.1(a) is subject to automatic adjustment as set forth in this Clause 7.2. |

| (b) | If before the occurrence of a Cessation Event, the Liberty Warrantholder exercises any Liberty Warrants, then the Class B Vote Per Share shall be automatically increased such that the number of votes represented by all Class B Shares is increased by the Class B Vote Ratchet, and the Class B Vote Per Share shall be increased by (i) the Class B Vote Ratchet divided by (ii) the total number of Class B Shares then issued and outstanding. Following the occurrence of a Cessation Event, there shall be no further adjustments to the Class B Votes Per Share. |

| (c) | For the purposes of this Clause 7: |

| (i) | a "Cessation Event" occurs when the Liberty Subscriber and/or its Relevant Affiliates carry out a Transfer, in the aggregate with all prior Transfers of Liberty Subscriber Shares, Liberty Subscriber Warrant Shares and Shares purchased by exercise of the Liberty Advisory Fee Warrants by the Liberty Subscriber, Liberty IM and their Relevant Affiliates, to any person(s) who are not