- Class A Ordinary Shares to Commence Trading on Nasdaq on January 26, 2022 under ticker “SATL”
- Gross proceeds to Satellogic will total approximately $262 million, including cash held in CFV’s trust account and concurrent PIPE financing, as well as the transaction with Liberty Strategic Capital, slated to close in February
- Transaction expected to allow Satellogic to scale its constellation of satellites, collecting and analyzing weekly remaps of the Earth by 2023 and creating a live catalog of every square meter of Earth daily thereafter, enabling immense commercial, sustainability, and government applications
NEW YORK, January 25, 2022 (Satellogic PR) – Satellogic Inc., a leader in sub-meter resolution satellite imagery collection (“Satellogic,” the “Company”), today announced that it has completed its previously announced business combination with CF Acquisition Corp. V (Nasdaq: CFV) (“CFV”), a publicly traded special purpose acquisition company sponsored by Cantor Fitzgerald. The business combination was approved at a special meeting of CFV stockholders on January 24, 2022. Beginning Wednesday, January 26, 2022, Satellogic’s Class A ordinary shares and warrants will trade on the Nasdaq under the ticker symbols “SATL” and “SATLW,” respectively.