---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-355383"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2021-12-13T23:59:59+00:00"
generated_at: "2026-06-28T01:50:08.549642+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Planet Labs completes de-SPAC merger with dMY IV; begins trading Dec 8 under PL

## Summary
- Business combination closed Dec 7, 2021; dMY IV renamed Planet Labs PBC.
- PIPE investment of $252M ($10/share) from 25.2M shares; $6.9M in redemptions at ~$10/share.
- Post-close: 241.5M Class A and 21.2M Class B shares outstanding; warrants PL WS listed.
- New board includes William Marshall (CEO/Chair), Robert Schingler (CSO), Ashley Johnson (CFO/COO), Kevin Weil (President).
- Earnout: up to 27M additional shares if stock hits $15/$17/$19/$21 within 5 years.

## SEC filing metadata
- accession: 0001193125-21-355383
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2021-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 5.06, 3.02, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000119312521355383/0001193125-21-355383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000119312521355383/d278527d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-355383
- JSON: https://secwatch.observer/filing/0001193125-21-355383.json
- Plain text: https://secwatch.observer/filing/0001193125-21-355383.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
