---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-204366"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:00:39.588692+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Planet Labs completes warrant redemption; $104.5M from 99.2% exercised

## Summary
- 9,090,913 of 9,162,223 public warrants exercised at $11.50/share for $104.5M cash.
- 71,310 unexercised warrants redeemed at $0.01 each for $713 total.
- Post-redemption: 332.9M Class A and 23.5M Class B shares outstanding; no warrants.
- Public warrants delisted from NYSE; common stock continues trading as PL.

## SEC filing metadata
- accession: 0001193125-26-204366
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- 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/1836833/000119312526204366/0001193125-26-204366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000119312526204366/pl-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-204366
- JSON: https://secwatch.observer/filing/0001193125-26-204366.json
- Plain text: https://secwatch.observer/filing/0001193125-26-204366.txt

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