Satellogic Inc. Files Routine 6-K Report

TL;DR

Satellogic filed a 6-K, nothing major, just keeping the SEC updated.

AI Summary

Satellogic Inc. filed a Form 6-K on June 14, 2024, for the month of June 2024. The filing indicates that the company will file its annual reports under cover of Form 20-F. The report does not contain specific financial figures or operational updates beyond its routine filing status.

Why It Matters

This filing is a standard procedural document for foreign private issuers, indicating the company is adhering to its reporting obligations with the SEC.

Risk Assessment

Risk Level: low — This is a routine administrative filing with no new material information that would typically impact stock price.

Key Players & Entities

• Satellogic Inc. (company) — Registrant
• 001-41247 (company) — Commission File Number
• 20240614 (date) — Filing Date
• June 2024 (date) — Reporting Period

FAQ

Key Financial Figures

• $4.1 million — ce reduction to result in approximately $4.1 million of annual savings, and expects to incur
• $1.2 million — ngs, and expects to incur approximately $1.2 million in associated severance-related charges
• $3.0 million — ary operating expenses by approximately $3.0 million on an annual basis and to moderate capi
• $9.6 million — is expected to result in approximately $9.6 million of annual savings and the Company is ex
• $2.0 million — pany is expected to incur approximately $2.0 million in cumulative severance-related charges
• $30 million — egistration Statement") relating to the $30 million of Secured Convertible Notes (the "Note

Filing Documents

• satl20240613_6k.htm (6-K) — 22KB
• 0001437749-24-020334.txt ( ) — 23KB

Forward-Looking Statements

Forward-Looking Statements This report contains "forward-looking statements" within the meaning of the U.S. federal securities laws. The words "anticipate", "believe", "continue", "could", "estimate", "expect", "intends", "may", "might", "plan", "possible", "potential", "predict", "project", "should", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic's current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic's reduction in workforce, the expected impact of the reduction on its operating costs and annual cash savings, the Company's constellation growth initiatives and the Company's position for future success. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this filing. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this filing, including but not limited to: (i) our ability to generate revenue as expected, (ii) our ability to effectively market and sell our earth observation ("EO") services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks re

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SATELLOGIC INC. By: /s/ Rick Dunn Name: Rick Dunn Title: Chief Financial Officer Date: June 14, 2024

View Full Filing

View this 6-K filing on SEC EDGAR