Cantor Fitzgerald exits Satellogic Inc. (SATL) ownership position
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.
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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
What did Cantor Fitzgerald & Co. disclose in its latest Satellogic (SATL) Schedule 13D amendment?
How many Satellogic (SATL) shares did Cantor Fitzgerald & Co. sell, and over what period?
At what prices did Cantor Fitzgerald & Co. sell its Satellogic (SATL) shares?
When did Cantor Fitzgerald & Co. cease to be a significant Satellogic (SATL) shareholder?
How large was the ownership change reported by Cantor Fitzgerald & Co. in Satellogic (SATL)?