Series B
$27 million reported
Reported $27 million financing led by Tencent. Share price, ownership and subsequent conversion are not verified here.
Space & geospatial · SATL
Satellogic
Satellogic’s financing includes venture funding, convertible securities, a SPAC transaction and a Liberty investment. Share-and-warrant packages cannot safely be treated as plain stock purchases.
01 / YOUR SCENARIO
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SPAC merger. The funding history is available below; a verified private share price and conversion chain are not. You can still model your own documented entry terms.
Uses comparable share prices, with splits, conversions and reorganizations already accounted for in your entry price.
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SatellogicSATL · Your own entry terms
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THE STORY & THE EVIDENCE
Satellogic: before the public market.
Satellogic’s financing includes venture funding, convertible securities, a SPAC transaction and a Liberty investment. Share-and-warrant packages cannot safely be treated as plain stock purchases.
SPAC merger7 sourced milestonesPrivate share terms unavailable
- Reported venture financing
- Preferred equity snapshot
Series A, B and B-1 capital snapshot
The filing reports 4,723,330 Series A, 3,117,915 Series B and 899,153 Series B-1 shares outstanding. These are share counts, not new cash proceeds or original issue prices.
- Convertible debt
Convertible-note financing
$27 million financing cash flows
The note-liability roll-forward records $27 million of financing cash flows during 2019. Principal, interest and embedded derivatives are separated in the accounts; no simple common-share price is inferred.
- Liability-classified preferred
Series X instruments issued
$20.332 million indebtedness
The issuer recognized indebtedness from Series X preferred instruments. Preferred naming does not by itself make this a conventional equity round.
- Filing snapshot
Private capital structure before listing
The annual report describes preferred shares, notes and Series X instruments. Different instruments had different closing treatments; they are not interchangeable rounds.
- SPAC listing
SATL begins Nasdaq trading
About $262 million aggregate
The company announced about $262 million in aggregate transaction proceeds, including the separately scheduled Liberty investment. Avoid adding $150 million to that aggregate again.
- Shares and warrants
Liberty financing closes
$150 million package
20 million common shares and 20 million warrants for $150 million. The SEC filing gives February 10 as the closing date; the later issuer announcement is not the transaction date.
What the records do not establish
- Earlier round totals do not supply a verified per-share cost and conversion chain.
- The Liberty investment included warrants; $150 million divided by 20 million shares is not a standalone $7.50 share price.
- No automatic private-to-current return is enabled until the complete security conversion and warrant allocation are established.
Research reviewed 2026-09-24. Selected public records, not a complete private cap table. An undisclosed price is left unknown.
Open this company’s sourced data (JSON) ↗
Source documents & filing locations
2017 Series B report ↗
Reported company announcement: $27 million round led by Tencent. Secondary report; no per-share terms.
2021 Form 20-F ↗
Capital history, financial statements and subsequent events surrounding the 2022 combination.
Combination completion announcement ↗
January 2022: approximately $262 million aggregate transaction proceeds including Liberty funding scheduled separately.
2025 Form 10-Q ↗
2022 Liberty investment: 20 million shares and 20 million warrants for $150 million.