Here are the 424B prospectus supplements from Planet Labs PBC (PL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow PL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PL filings page.
Planet Labs PBC is offering shares of its Class A common stock having an aggregate offering price of up to $1,500,000,000 through an at-the-market equity distribution agreement and, optionally, through range forward sale agreements with designated forward purchasers. The prospectus supplement describes mechanics for sales by sales agents, possible range forward hedging by forward purchasers, commission caps of 2.0%, and illustrative share and dilution metrics based on an assumed price of $43.53 per share.
The offering may include sales of borrowed hedging shares by forward sellers during initial hedging periods and contemplates prepayment and physical settlement mechanics for range forward components, subject to floors, caps, adjustments and termination rights described in the range forward sale agreements. Use of proceeds is stated as funding future growth, potential acquisitions, and general corporate purposes.