other material
confidence high
sentiment negative
materiality 0.65
Satellogic raises $20M in registered direct offering at $3.10/share
Satellogic Inc.
- 6,451,612 shares sold at $3.10 each; gross proceeds of ~$20M.
- Closing expected April 16, 2025, subject to customary conditions.
- Cantor Fitzgerald acted as placement agent with a 4% cash fee.
- Company, directors, and officers subject to 30-day lockup on share sales.
- Offering made under effective Form S-3 registration statement.