Company: SATLW
Filing Date: 2025-03-26
Form Type: POS AM
Source: 0001437749-25-009382
Chunk: 7

Company: Satellogic Inc.
Filing Date: 2025-03-26
Form: POS AM
Chunk 7
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Frequently Used Terms” below for certain defined terms used in this prospectus), (ii) 814,071 shares of Class A Common Stock issued to an affiliate of Sponsor in satisfaction of debt owed to them at an effective price of $8.00 per share, (iii) 2,078,064 shares of Class A Common Stock issued to an affiliate of the Sponsor in lieu of advisory fees owed to them at an effective price of $8.00 per share, (iv) 13,582,640 shares of Class A Common Stock issuable to Emiliano Kargieman, Nettar’s founder and the Company’s Chief Executive Officer, upon conversion of our Class B Common Stock for no additional consideration, (v) 20,000,000 shares of Class A Common Stock issued to the Liberty Investor pursuant to the Liberty Subscription Agreement at a price of $7.50 per share, (vi) an aggregate of 23,033,333 shares of Class A Common Stock issuable upon the exercise of Warrants held by affiliates of the Company, and (vii) an aggregate of 25,000,000 shares of Class A Common Stock issuable upon the conversion of the Notes, and (b) 23,033,333 Warrants (which includes the $8.63 Warrants, the $10.00 Liberty Warrants, and the $15.00 Liberty Warrants). Except as described in this prospectus under “Information Related to Offered Securities,” no separate consideration was paid for any of the warrants registered hereby. Additional details regarding the securities being registered, and the Selling Securityholders is set forth in this prospectus under “Information Related to Offered Securities.”

We will receive up to an aggregate of approximately $327.2 million if all of the Warrants registered hereby are exercised and exercised for cash. The closing price of our Class A Common Stock on Nasdaq on March 21, 2025 was $3.79, which is $4.84, $6.21, $11.21 and $16.21 below the exercise price of the $8.63 Warrants, the $10.00 Liberty Warrants, the $15.00 Liberty Warrants, and the PIPE Warrants, respectively, and $1.27 above the exercise price of the Columbia Warrants. If the market price for our Class A Common Stock does not increase from current levels, with the exception of the Columbia Warrants, there is a small likelihood that any of the W