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An announcement from Satellogic ( (SATL) ) is now available.
Satellogic Inc. has filed a registration statement with the Securities and Exchange Commission to offer and sell up to $50 million in class A ordinary shares. This move includes entering a controlled equity sales agreement with Cantor Fitzgerald & Co. as the sales agent, aimed at enhancing the company’s market presence and raising capital for its operations.
More about Satellogic
Satellogic Inc. operates in the satellite technology industry, focusing on the offering and sale of ordinary shares. The company is based in the British Virgin Islands and is involved in space-related ventures.
YTD Price Performance: 86.86%
Average Trading Volume: 610,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $309.6M
For detailed information about SATL stock, go to TipRanks’ Stock Analysis page.