Satellogic Inc. — Director's Dealing 2025

Apr 4, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Satellogic Inc. (SATL)
CIK: 0001874315
Period of Report: 2025-03-26

Reporting Person: Liberty 77 Capital L.P. (Director, 10% Owner)
Reporting Person: Liberty Strategic Capital (SATL) Holdings, LLC (Director, 10% Owner)
Reporting Person: Liberty 77 Capital Partners L.P. (Director, 10% Owner)
Reporting Person: Liberty Capital L.L.C. (Director, 10% Owner)
Reporting Person: STM Partners LLC (Director, 10% Owner)
Reporting Person: MNUCHIN STEVEN T (Director, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	20000000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants (Right to Buy)	$10.00	2027-02-10	Class A Common Stock (5000000)		Indirect
Warrants (Right to Buy)	$15.00	2027-02-10	Class A Common Stock (15000000)		Indirect
Warrants (Right to Buy)	$10.00	2027-02-10	Class A Common stock (2500000)		Direct

Footnotes

F1: The Class A common stock included herein is held by Liberty Strategic Capital (SATL) Holdings, LLC ("Liberty SATL"). Liberty 77 Capital L.P. (the "Liberty Manager"), is the investment manager of the managing members of Liberty SATL. Liberty 77 Capital Partners L.P. is the general partner of the Liberty Manager. Liberty Capital L.L.C. is the general partner of the Liberty 77 Capital Partners L.P. STM Partners LLC is the manager of Liberty Capital L.L.C. Steven T. Mnuchin is a director of Satellogic Inc. and the president of STM Partners LLC.

F2: Each Reporting Person disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

F3: On January 18, 2022, the Issuer, CF Acquisition Corp. V and Liberty SATL entered into a Subscription Agreement (the "Liberty Subscription Agreement"), pursuant to which Liberty SATL agreed to purchase, and the Issuer agreed to issue and sell to Liberty SATL, certain securities of the Issuer, including (i) 5,000,000 warrants, each warrant providing Liberty SATL the right to purchase one share of Class A Common Stock at an exercise price of $10.00 per share and (ii) 15,000,000 warrants, each warrant providing Liberty SATL the right to purchase one share of Class A Common Stock at an exercise price of $15.00 per share. (Cont'd in FN4)

F4: (Cont'd from FN3) Additionally, contemporaneous with the execution of the Liberty Subscription Agreement, the Issuer, CFAC Holdings V, LLC and Liberty SATL entered into a letter agreement, which was amended and restated on February 10, 2022, pursuant to which, in partial exchange for advisory services provided to the Issuer by the Liberty Manager, the Liberty Manager received 2,500,000 warrants, each warrant providing the Liberty Manager the right to purchase one share of Class A Common Stock at an exercise price of $10.00 per share.