Company: SATLW
Filing Date: 2025-02-14
Form Type: F-4
Source: 0001437749-25-004040
Chunk: 76

Company: Satellogic Inc.
Filing Date: 2025-02-14
Form: F-4
Chunk 76
---
 and could materially impact the trading price of our BVI Class A Ordinary Shares (and following the effectiveness of the Domestication, the DE Class A Common Stock) which could cause shareholders to lose their investments.

Substantial future sales of shares of our BVI Class A Ordinary Shares or other securities could cause the market price of our BVI Class A Ordinary Shares to decline.

The sales of a substantial number of shares of our BVI Class A Ordinary Shares (and following the effectiveness of the Domestication, the DE Class A Common Stock), or the perception that such sales could occur, could adversely affect the price for our BVI Class A Ordinary Shares or our the DE Class A Common Stock, as applicable. We have also filed registration statements with the SEC registering (a) the resale of up to 25,000,000 BVI Class A Ordinary Shares issuable upon the conversion of the Convertible Notes, all of which remain unsold, and (b)(i) the sale of up to $150,000,000 aggregate amount of BVI Class A Ordinary Shares and (ii) the resale of up to an aggregate of 3,571,429 BVI Class A Ordinary Shares by a selling securityholder, respectively. The issuance or resale, or expected or potential issuance or resale, of a substantial number of our BVI Class A Ordinary Shares (and following the effectiveness of the Domestication, the DE Class A Common Stock) in the public market could adversely affect the market price for our BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable, result in dilution and make it more difficult for you to sell your BVI Class A Ordinary Shares or DE Class A Common Stock, as applicable, at times and prices that you feel are appropriate.

In the future, we may attempt to increase our capital resources by making offerings of debt, including additional convertible notes, or additional offerings of equity securities. In connection with the issuance of the Convertible Notes, we entered into a side letter which provides the purchaser with pre-emptive rights, in order to maintain its as-converted ownership percentage on the same basis as new capital raised. Accordingly, for so long as the purchaser holds the Convertible Notes, it will be entitled to acquire, upon the same terms and at the same price to be paid by other holders, its pro rata portion of any BVI Class A Ordinary Shares (and following the effectiveness of the Domestication, the DE Class A Common Stock), other than issuances under the Company’s incentive compensation plans