Cantor Fitzgerald exits Satellogic Inc. stake
Cantor Fitzgerald & Co. filed Amendment No. 5B to its Schedule 13D stating it no longer beneficially owns any shares of Satellogic Inc. Class A common stock.
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Rhea-AI Filing Summary
Cantor Fitzgerald & Co. filed Amendment No. 5B to its Schedule 13D stating it no longer beneficially owns any shares of Satellogic Inc. Class A common stock. As of March 24, 2026, it reports zero voting and dispositive power and a 0.00% ownership stake.
The filing explains that in the prior 60 days Cantor Fitzgerald & Co. sold a total of 2,078,064 Satellogic Class A shares in open-market transactions, including 129,971 shares at a weighted average price of $5.5581 on January 28, 2026 and 1,053,691 shares at $5.429 on March 24, 2026. This reduced its holdings by more than one percent of the class and caused it to cease being a beneficial owner of more than 5% of the outstanding shares.
Insights
Cantor Fitzgerald & Co. fully exits its disclosed Satellogic stake.
Cantor Fitzgerald & Co. now reports 0.00% beneficial ownership of Satellogic Class A common stock. The amendment confirms it no longer has voting or dispositive power over any shares, marking the end of its status as a significant reporting holder.
In the 60 days before March 24, 2026, it disposed of 2,078,064 shares in open-market trades at weighted average prices between $5.008 and $5.6316. The filing notes this represented a disposition of more than 1% of the class and that it ceased to be a beneficial owner of more than 5% of outstanding shares.
For investors, this reflects the exit of a large institutional holder rather than a change in Satellogic’s operations. Actual market impact depends on how these shares were absorbed over the January 28–March 24, 2026 trading period and subsequent ownership disclosures.
FAQ
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What did Cantor Fitzgerald & Co. disclose in its latest Satellogic (SATL) Schedule 13D amendment?
How large was the ownership change reported by Cantor Fitzgerald & Co. in Satellogic (SATL)?
AI-generated analysis. How Rhea-AI works. Not financial advice.