BlackSky Technology Inc. Files 8-K Report

TL;DR

BlackSky (BKSY) filed an 8-K on 12/12/25 - material agreement and financials updated.

AI Summary

On December 12, 2025, BlackSky Technology Inc. filed an 8-K report. The filing indicates an entry into a material definitive agreement and includes financial statements and exhibits. The company, previously known as Osprey Technology Acquisition Corp., is incorporated in Delaware and headquartered in Herndon, VA.

Why It Matters

This 8-K filing signals a significant corporate event for BlackSky Technology Inc., potentially involving a new agreement or updated financial information that could impact investors.

Risk Assessment

Risk Level: low — This filing is a standard 8-K report detailing a material definitive agreement and financial exhibits, which is routine corporate disclosure.

Key Numbers

• 001-39113 — SEC File Number (Identifies the company's filing history with the SEC.)
• 83-1833760 — EIN (Employer Identification Number for tax purposes.)

Key Players & Entities

• BlackSky Technology Inc. (company) — Registrant
• Osprey Technology Acquisition Corp. (company) — Former Company Name
• Osprey Energy Acquisition Corp. II (company) — Former Company Name
• Osprey Acquisition Corp. II (company) — Former Company Name
• December 12, 2025 (date) — Date of Report

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 per share BKSY The New York Stock Excha
• $92.00 — A common stock at an exercise price of $92.00 per share BKSY.W The New York Stock Exc
• $100,000,000 — ng an aggregate offering price of up to $100,000,000 (the "Shares"). Upon delivery of a pla

Filing Documents

• bksy-20251212.htm (8-K) — 34KB
• exhibit11-8xkdecember2025.htm (EX-1.1) — 254KB
• exhibit51-8xkdecember2025.htm (EX-5.1) — 13KB
• exhibit51a.jpg (GRAPHIC) — 40KB
• 0001628280-25-056784.txt ( ) — 573KB
• bksy-20251212.xsd (EX-101.SCH) — 2KB
• bksy-20251212_def.xml (EX-101.DEF) — 17KB
• bksy-20251212_lab.xml (EX-101.LAB) — 29KB
• bksy-20251212_pre.xml (EX-101.PRE) — 17KB
• bksy-20251212_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement On December 12, 2025, BlackSky Technology Inc., a Delaware corporation (the "Company"), entered into a Sales Agreement (the "Sales Agreement") with Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC (the "Sales Agents"), pursuant to which the Company may offer and sell from time to time through the Sales Agents the Company's Class A common stock, par value $0.0001 per share (the "Common Stock"), having an aggregate offering price of up to $100,000,000 (the "Shares"). Upon delivery of a placement notice to the Sales Agents and subject to the terms and conditions of the Sales Agreement, the sales, if any, of the Shares may be made in negotiated transactions or transactions that are deemed to be "at the market offerings" as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended (the "Securities Act"), including without limitation, by means of ordinary brokers' transactions on the New York Stock Exchange at market prices, in block transactions, or as otherwise agreed with the applicable Sales Agent, or by means of any other existing trading market for shares of the Company's common stock or to or through a market maker other than on an exchange. The Company will submit orders to only one Sales Agent at a time relating to the sale of shares of its common stock under the Sales Agreement. Under the Sales Agreement, the Sales Agents will use commercially reasonable efforts to sell the Shares from time to time consistent with their normal trading and sales practices, based upon instructions from the Company (including any price, time or size limits or other customary parameters or conditions the Company may impose). The Company is not obligated to sell any Shares under the Sales Agreement. Any sales of the Shares will be made pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-291810) filed with the Securities and Exchange Commission ("SEC") on November 26, 202

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits Exhibit Number Description 1.1 Sales Agreement, dated December 12 , 2025, by and among BlackSky Technology Inc., Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC 5.1 Opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation 23.1 Consent of Wilson Sonsini Goodrich & Rosati, Professional Corporation (included with the opinion filed as Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 12, 2025 BLACKSKY TECHNOLOGY INC. By: /s/ Henry Dubois Name: Henry Dubois Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR