---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-127750"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:41:02.068954+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Planet Labs redeems all public warrants at $0.01; exercise deadline April 27

## Summary
- Redemption price $0.01 per warrant; holders may exercise until 5pm ET April 27, 2026 at $11.50/share.
- Stock price condition met: common stock ≥$18 for 20 of 30 trading days ending March 24, 2026.
- March 26 closing: common $32.40, warrants $20.86.
- Unexercised warrants after April 27 void; holders receive only $0.01 each.

## SEC filing metadata
- accession: 0001193125-26-127750
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000119312526127750/0001193125-26-127750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000119312526127750/pl-20260327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-127750
- JSON: https://secwatch.observer/filing/0001193125-26-127750.json
- Plain text: https://secwatch.observer/filing/0001193125-26-127750.txt

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