Company: SATLW
Filing Date: 2025-02-14
Form Type: F-4
Source: 0001437749-25-004040
Chunk: 132

Company: Satellogic Inc.
Filing Date: 2025-02-14
Form: F-4
Chunk 132
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 1291 rules discussed above will apply to certain dispositions of, distributions on and other amounts taxable with respect to ordinary shares, including in connection with the Domestication. An MTM Election is not available with respect to warrants.

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PFIC Reporting Requirements.A U.S. Holder will generally be required to file IRS Form 8621, Information Return by a Shareholder of a PassiveForeign Investment Company or Qualified Electing Fund if such U.S. Holder holds (or is deemed to hold) shares of Satellogic in any year in which Satellogic is classified as a PFIC. U.S. Holders are urged to consult their own tax advisors concerning the U.S. federal income tax consequences of holding (or being deemed to hold) shares in Satellogic if Satellogic is considered a PFIC in any taxable year.

THE RULES DEALING WITH PFICS ARE VERY COMPLEX AND ARE IMPACTED BY VARIOUS FACTORS IN ADDITION TO THOSE DESCRIBED ABOVE, INCLUDING THE APPLICATION OF THE RULES ADDRESSING OVERLAPS IN THE PFIC RULES AND THE SECTION 367(b) RULES AND THE RULES RELATING TO CONTROLLED FOREIGN CORPORATIONS. ALL U.S. HOLDERS ARE URGED TO CONSULT THEIR TAX ADVISORS REGARDING THE POTENTIAL CONSEQUENCES TO THEM OF THE PFIC RULES, INCLUDING, WITHOUT LIMITATION, WHETHER A QEF ELECTION (OR A QEF ELECTION ALONG WITH A PURGING ELECTION), AN MTM ELECTION OR ANY OTHER ELECTION IS AVAILABLE OR HAS BEEN MADE, WHETHER AND HOW ANY OVERLAP RULES APPLY, THE CONSEQUENCES TO THEM OF ANY SUCH ELECTION OR OVERLAP RULE AND THE IMPACT OF ANY PROPOSED OR FINAL PFIC TREASURY REGULATIONS.

Non-U.S. Holders

As used herein, a “Non-U.S. Holder” is a beneficial owner (other than a partnership or entity treated as a partnership for U.S. federal income tax purposes) of Satellogic Securities who or that is not a U.S. Holder.

Effects of the Domestication to Non-U.S. Holders

The Domestication is not expected to result in any U.S. federal income tax consequences to Non-U.S. Holders of Satellogic Securities.

Ownership and Disposition of DE Common Stock and DE Warrants by a Non-U.S. Holder after the Domestication

The following describes U.S. federal income