Planet Labs PBC filings document an Earth-observation company that provides satellite imagery, geospatial data, and related software solutions. The company’s 8-K reports include operating results, Regulation FD disclosures, material agreements, and other events tied to its commercial and government satellite-data business.
Recent filings also describe capital-structure matters involving Class A common stock, Class B common stock, earnout share issuances, and public warrants originally issued with IPO units. The record includes warrant redemption disclosures and a Form 25 covering removal of the redeemable warrants from NYSE listing and registration.
Planet Labs PBC reports that its stockholders acted by written consent on September 5, 2025 to elect Scott Reese to a newly created Class II seat on the board of directors. He will serve until the 2026 annual meeting and then until a successor is elected and qualified, or earlier departure. Under securities rules, his election becomes effective on the 40th day after the Notice of Internet Availability of Information Statement is first sent to stockholders.
The written consent covered 21,157,586 shares of Class B common stock, representing approximately 60% of the voting power entitled to vote in director elections. After the effective date, Reese will also serve on the board’s audit committee. The company highlights his long executive experience in software, product development and manufacturing solutions, including leadership roles at GE Vernova and Autodesk.
Reese will receive the standard non-management director compensation under Planet Labs’ Outside Director Compensation Policy and will enter into the same form of indemnification agreement used for other non-management directors. The company also issued a press release about his election on September 10, 2025, furnished as Exhibit 99.1.
Planet Labs PBC reported interim financial and operational details for the period ending July 31, 2025. The company disclosed $690.1 million of remaining performance obligations, with ~32% expected to be recognized in the next 12 months and ~57% within 24 months. Cost of revenue rose to $60.8 million (up $3.2 million), while sales and marketing fell to $33.9 million (down $11.3 million) and general and administrative decreased to $38.5 million (down $1.6 million). Accounts receivable concentration included two customers representing 24% and 11% of receivables as of July 31, 2025. The company capitalized deferred commissions of $1.0 million and $1.1 million in the three- and six-month periods, and recognized RSU stock-based compensation of $12.6 million (three months) and $23.9 million (six months). Restricted cash totaled $11.8 million. Management noted continued regulatory dependency and material risks related to satellite operations, suppliers, government contracting, and market concentration.
Planet Labs PBC filed a current report to note that it released financial results for its second fiscal quarter ended July 31, 2025. The company also announced it would host a conference call and webcast at 8:30 a.m. Eastern time on September 8, 2025 to discuss these results in more detail.
The filing attaches the related press release as Exhibit 99.1 and clarifies that the earnings information is being furnished, not filed, under securities law, which limits certain legal liabilities and incorporation by reference into other filings.
Planet Labs PBC (PL) filing a Form 144 notifies a proposed sale of 10,000 warrants through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $10,217 and an approximate date of sale of 08/19/2025. The filer reports acquiring the warrants as founder stock on 03/05/2021 for cash. The filing also lists two warrant sales by ISALEA INVESTMENTS LP on 06/12/2025 (8,600 warrants, $5,849.72) and 06/13/2025 (3,800 warrants, $2,443.40). The filing includes the required representation that the seller knows of no undisclosed material adverse information.
Planet Labs PBC (PL) – Schedule 13G/A Amendment No. 3 (event date 30 Jun 2025, filed 24 Jul 2025)
The filing details passive ownership positions held by several Draper-affiliated investment vehicles and individuals. The largest reported beneficial owner is Timothy C. Draper with 5,537,458 Class A shares (2.0% of the 282.3 million shares outstanding as of 2 Jun 2025). Key fund positions include:
- Draper Fisher Jurvetson Fund X, L.P. – 3,721,848 shares (1.3%) with shared voting/dispositive power.
- Draper Fisher Jurvetson Fund X Partners, L.P. and DFJ Fund X, Ltd. – same 1.3% indirect interest.
- Side funds: Draper Fisher Jurvetson Partners X, LLC – 113,716 shares (0.04%); Draper Associates Riskmasters Fund II & III – 940,235 (0.3%) and 761,659 (0.3%), respectively.
No single reporting person holds ≥5%, and each expressly disclaims group status; therefore, this amendment reflects ownership below the Schedule 13D threshold. Up to 27 million additional contingent shares could be issued by the issuer, but they are excluded from current percentages. The filers certify that the holdings are not intended to influence control of the issuer.
Planet Labs PBC (NYSE: PL) filed an 8-K detailing the results of its 10 July 2025 Annual Meeting of Stockholders. All management-backed proposals passed with comfortable margins:
- Board continuity: Co-founders William Marshall and Robert Schingler, Jr., plus new nominee Gary B. Smith, were elected as Class I directors for three-year terms.
- Auditor confirmed: 99% of votes cast (574.4 million) ratified KPMG LLP for the FY ending 31 Jan 2026.
- Say-on-pay approved: 96% of votes (512.4 million) supported FY 2026 executive compensation.
The meeting was well-attended: 176.3 million Class A & B shares representing 578.3 million voting power (≈83% of total votes outstanding) were present in person or by proxy. No other material corporate actions or financial disclosures were included.