other_material
confidence high
sentiment neutral
materiality 0.55
Satellogic enters into $50M at-the-market equity offering agreement with four sales agents
Satellogic Inc.
- Up to $50M of Class A common stock may be sold through Cantor Fitzgerald, Craig-Hallum, Northland Securities and Roth Capital.
- Sales will be made via 'at the market' offerings on The Nasdaq Capital Market under existing Form S-3 registration.
- Company is not obligated to sell any shares; sales occur only at its discretion and upon delivery of a placement notice.
- Agents receive customary commissions and indemnification; proceeds used for general corporate purposes, if any.
item 1.01item 9.01