Cantor Fitzgerald Amends Satellogic Stake Filing

TL;DR

Cantor Fitzgerald updated its Satellogic ownership filing on 11/21/24. Watch for potential shifts.

AI Summary

Cantor Fitzgerald, L.P. filed an amendment (No. 2) to its Schedule 13D on November 21, 2024, regarding Satellogic Inc. The filing indicates a change in beneficial ownership of Class A Ordinary Shares. Cantor Fitzgerald, L.P. is listed as the filer, with Howard W. Lutnick as a key contact.

Why It Matters

This filing updates ownership information for Satellogic Inc., which could signal changes in control or investment strategy by Cantor Fitzgerald.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in major shareholder intentions, potentially impacting stock price and corporate strategy.

Key Players & Entities

• Cantor Fitzgerald, L.P. (company) — Filer of the Schedule 13D/A
• Satellogic Inc. (company) — Subject company of the filing
• Howard W. Lutnick (person) — Key contact for Cantor Fitzgerald
• Class A Ordinary Shares (security) — Securities subject to the filing

FAQ

Key Financial Figures

• $0.0001 — e of Issuer) Class A Ordinary Shares, $0.0001 par value (Title of Class of Securiti

Filing Documents

• ea022199601-13da2cantor_sate.htm (SC 13D/A) — 133KB
• 0001213900-24-101159.txt ( ) — 135KB

of the Prior Schedule 13D is hereby amended

Item 4 of the Prior Schedule 13D is hereby amended and supplemented by updating previously reported information with respect to the following item: On November 21, 2024, Mr. Lutnick shared a statement in response to being nominated by U.S. President Donald J. Trump to serve as U.S. Secretary of Commerce in which he stated he intends to divest his interests in Cantor to comply with U.S. government ethics rules. Other than as described in this Item 4, none of the Reporting Persons has any current plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided, that the Reporting Persons may, at any time, review or reconsider their positions with respect to the Company and reserve the right to develop such plans or proposals. 8 Item 5. Interest in Securities of the Issuer

of the Prior Schedule 13D is hereby amended

Item 5 of the Prior Schedule 13D is hereby amended and restated as follows: (a)-(b) The aggregate number and percentage of Class A Ordinary Shares beneficially owned by each of the Reporting Persons are on the basis of a total of 78,089,268 Class A Ordinary Shares issued and outstanding as of June 30, 2024, as reported by the Issuer in Exhibit 99.1 to its Form 6-K filed by the Issuer with the SEC on August 15, 2024. As of the date hereof: (i) CFAC directly owns, is the beneficial owner of, and has shared voting and dispositive power with respect to, 10,488,738 Class A Ordinary Shares (including up to 1,863,696 Class A Ordinary Shares that are subject to forfeiture based on vesting and earn-out targets as further described in Item 4 of the Prior Schedule 13D) and 533,333 Class A Ordinary Shares underlying an equal number of warrants to purchase Class A Ordinary Shares held by CFAC which are exercisable within 60 days. (ii) CF&Co. directly owns, is the beneficial owner of, and has shared voting and dispositive power with respect to, 2,078,064 Class A Ordinary Shares. (iii) CFS directly owns, is the beneficial owner of, and has shared voting and dispositive power with respect to, 814,071 Class A Ordinary Shares. CFS may be deemed the beneficial owner of, and has shared voting and dispositive power with respect to, 2,0178,064 Class A Ordinary Shares directly owned by CF&Co. CFS disclaims any ownership of the Class A Ordinary Shares directly owed by CF&Co. other than to the extent of any pecuniary interest it may have therein, directly or indirectly. (iv) Cantor, as the sole member of CFAC and the indirect holder of a majority of the equity interests of CF&Co. and CFS, controls each of CFAC, CF&Co. and CFS and may be deemed to beneficially own, and has shared voting and dispositive power with respect to, all Class A Ordinary Shares directly owned by CFAC, CF&Co. and CFS. Cantor disclaims any ownership of such Class A Ordinary Shares other than to the extent of a

of the Prior Schedule 13D is hereby amended

Item 6 of the Prior Schedule 13D is hereby amended and supplemented with the information contained in Item 4, which is incorporated by reference herein. 10 SIGNATURE After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned certifies that the information set forth in this Amendment with respect to the undersigned is true, complete and correct. Date: November 21, 2024 CANTOR FITZGERALD, L.P. By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Chairman and Chief Executive Officer CF GROUP MANAGEMENT, INC. By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Chairman and Chief Executive Officer CFAC HOLDINGS V, LLC By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Chairman and Chief Executive Officer CANTOR FITZGERALD & CO. By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Chairman CANTOR FITZGERALD SECURITIES By: /s/ Howard W. Lutnick Name: Howard W. Lutnick Title: Chairman and Chief Executive Officer /s/ Howard W. Lutnick Howard W. Lutnick [Signature Page to Amendment No. 2 to Schedule 13D, dated November 21, 2024, of Cantor Fitzgerald, L.P., CF Group Management, Inc., CFAC Holdings V, LLC, Cantor Fitzgerald & Co., Cantor Fitzgerald Securities and Howard W. Lutnick –Satellogic Inc.] 11

View Full Filing

View this SC 13D/A filing on SEC EDGAR