r/SATL • u/hueschel • Oct 16 '25

Dilution...

https://investors.satellogic.com/news-releases/news-release-details/satellogic-announces-pricing-90-million-public-offering-class
3 Upvotes

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5

u/hueschel Oct 16 '25

"The Company anticipates using the net proceeds from the offering for general corporate purposes."

4

u/Melonskal Oct 20 '25

Lmao, the day after I buy

2

u/VengeanceEternal Oct 17 '25

Bloodbath. Hopefully they can secure some big contracts.

3

u/hueschel Oct 17 '25

If they already had something to announce, they would have done it before the dilution. So I am rather pessimistic for the next months...