Why Geospatial Company Satellogic Shares Are Shooting Higher Today?
Why Geospatial Company Satellogic Shares Are Shooting Higher Today?
Shares of Satellogic Inc (NASDAQ:SATL) are trading higher after the company said its wholly-owned subsidiary, Nettar Group, Inc. has entered into a note purchase agreement led by Tether Investments Limited.
Satellogic Inc（纳斯达克股票代码：SATL）的股价走高，此前该公司表示，其全资子公司Nettar Group, Inc.已签订了由泰达投资有限公司牵头的票据购买协议。
Under the agreement, the borrower has agreed to issue floating rate secured convertible promissory notes in the aggregate principal amount of $30 million to the purchaser.
根据该协议，借款人同意向买方发行本金总额为3000万美元的浮动利率有担保的可转换本票。
The net proceeds from the Offering, after deducting transaction fees and other debt issuance costs, were about $27.6 million.
扣除交易费用和其他债券发行成本后，本次发行的净收益约为2760万美元。
The borrower has the ability to issue additional secured convertible notes, provided the aggregate principal amount outstanding does not exceed $50 million.
借款人有能力发行额外的有担保可转换票据，前提是未偿还本金总额不超过5000万美元。
The secured convertible notes initially bear interest at a rate of SOFR plus 6.50% per annum and mature on April 12, 2028.
有担保的可转换票据最初的利率为SOFR加每年6.50％，并于2028年4月12日到期。
Satellogic's mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve problems including climate change, energy supply, and food security.
Satellogic的使命是通过其高分辨率图像信息平台普及地理空间数据，以帮助解决包括气候变化、能源供应和粮食安全在内的问题。
Price Action: SATL shares are trading higher by 15.7% at $1.76 in premarket on the last check Monday.
价格走势：周一最后一张支票盘前，SATL股价上涨15.7％，至1.76美元。
Image: Courtesy of Satellogic
图片：由 Satellogic 提供