Satellogic Inc. SEC Filings

Satellogic Inc. (SATL) Form 144 notice: The filer reports a proposed sale of 6,433 Class A common shares through J.P. Morgan Securities LLC on 08/19/2025, with an aggregate market value listed as $22,804. The filing shows total shares outstanding of 90,526,937. The securities being offered were acquired on 01/25/2022 in an exchange of Nettar Group Inc. convertible notes as part of the merger-related transaction; the acquisition record shows 7,513,892 shares received and the consideration noted as exchange of assets. The filing also discloses multiple Class A sales by Hannover Holdings S.A. between 05/28/2025 and 08/18/2025, with individual sale amounts and gross proceeds reported for each trade.

Satellogic Inc. (SATL) Form 144 shows Hannover Holdings S.A. plans to sell 150,000 Class A common shares on 08/18/2025 via J.P. Morgan Securities (approximate market value reported $533,832) and discloses the holder acquired 7,513,892 shares on 01/25/2022 in an exchange of convertible notes related to the merger with CF Acquisition Corp. V. The filing lists numerous recent sales by the same holder from 05/28/2025 through 08/15/2025, totaling multiple transactions of Class A common shares with gross proceeds shown for each trade. The seller attests no undisclosed material adverse information and follows Rule 144 reporting requirements.

Form 144 notice for Satellogic Inc. (SATL) shows Hannover Holdings S.A. intends to sell 150,000 Class A common shares through J.P. Morgan Securities on NASDAQ with an aggregate market value of $533,018 and an approximate sale date of 08/15/2025. The notice discloses that Hannover acquired 7,513,892 Class A shares on 01/25/2022 in an exchange of Nettar Group Inc. convertible notes as part of the merger transaction with Satellogic, and that the acquisition consideration was an exchange of assets. The filing lists multiple Class A share sales by Hannover from 05/28/2025 through 08/14/2025 totaling numerous transactions and various gross proceeds reported for each sale. The seller certifies no undisclosed material adverse information.

Satellogic Inc. (SATL) Rule 144 notice reports a proposed sale of 150,000 Class A common shares on 08/14/2025 through J.P. Morgan Securities LLC with an aggregate market value of $554,303. The filing shows these shares were originally acquired on 01/25/2022 in an exchange of Nettar Group Inc. convertible notes in connection with the merger agreement closing that involved Satellogic and related parties; the acquisition record lists 7,513,892 shares acquired in that exchange and indicates payment was by exchange of assets. The issuer has 90,526,937 Class A shares outstanding per the filing. The notice also discloses an extensive series of sales by Hannover Holdings S.A. in 2025, listing multiple transactions from May through August 2025 with individual amounts and gross proceeds.

Satellogic Inc. filed a Form 144 reporting a proposed sale of 200,000 Class A common shares through J.P. Morgan Securities LLC with an aggregate market value of $726,649, marked for approximately 08/13/2025. The filing shows 90,526,937 shares outstanding, so the proposed sale equals about 0.22% of outstanding stock.

The securities to be sold were originally acquired on 01/25/2022—7,513,892 shares received in an exchange of Nettar Group Inc. convertible notes tied to the company’s merger. The notice also lists extensive disposals by Hannover Holdings S.A. in the prior three months, totaling approximately 2,951,323 Class A shares, indicating sustained selling activity by that holder.

Amendment No. 4 to a Schedule 13D by Hannover Holdings S.A., Baitcon Investments Ltd., Ellipse Global Holding Ltd. and Tanhill Management Limited reports they beneficially own 4,193,904 Class A shares of Satellogic Inc., representing approximately 4.4% of Class A outstanding based on 94,985,681 shares as of August 1, 2025. The amendment incorporates prior Schedule 13D filings and discloses that recent transactions during the past 60 days were executed in the open market and are detailed in Exhibit 99.1. The Reporting Persons state they ceased to be beneficial owners of more than 5% of Class A shares on August 6, 2025. No new agreements or voting arrangements are announced in this amendment.

Satellogic Inc. filed a Form 144 reporting a proposed sale of 150,000 Class A common shares through J.P. Morgan Securities LLC with an aggregate market value of $511,885 and the approximate date of sale listed as 08/12/2025. The filing shows total shares outstanding of 90,526,937. It discloses the filer acquired 7,513,892 shares on 01/25/2022 in an exchange of Nettar Group Inc. convertible notes in connection with a merger transaction. The notice also lists extensive dispositions by the same seller between 05/28/2025 and 08/11/2025, totaling 2,801,323 shares sold in that period. The signer certifies no undisclosed material adverse information.

Satellogic reported quarterly revenue of $4.44 million for the three months ended June 30, 2025, up from $3.50 million a year earlier, and six‑month revenue of $7.83 million versus $6.83 million in the prior year. Operating loss narrowed to $6.29 million for the quarter from $14.68 million year‑ago, while net loss was $6.65 million for the quarter and $39.23 million for the six months. Cash and cash equivalents were $32.57 million and total cash, cash equivalents and restricted cash were $33.58 million.

The balance sheet shows total assets of $73.85 million against total liabilities of $141.96 million, producing stockholders' deficit of $68.11 million and an accumulated deficit of $439.34 million. The fair value of Secured Convertible Notes was reported at $97.71 million. Management discloses substantial doubt about the company’s ability to continue as a going concern for the next twelve months and notes recent financing activity including a registered direct offering (net proceeds ~$18.8 million) and ATM sales (~$2.0 million net), along with previously issued secured convertible notes (~$27.6 million net proceeds).

Satellogic Inc. (SATL) filed a Form 144 notifying a proposed sale of 22,456 Class A common shares with an aggregate market value of $74,984, to be handled by J.P. Morgan Securities LLC and scheduled approximately for 08/11/2025. The filing shows these shares were originally acquired on 01/25/2022 in an exchange of Nettar Group Inc. convertible notes (listed as an exchange of assets), when 7,513,892 shares were recorded as acquired.

The notice also lists numerous sales by Hannover Holdings S.A. of Satellogic Class A common stock between May and August 2025, including multiple tranches up to 200,000 shares. The filing includes representations required by Rule 144 but provides no financial results or forward guidance.