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SPAC · Merger completed

CF Acquisition Corp. V

Business combination with Nettar Group Inc.

CF Acquisition Corp. V is a blank-check company (SPAC) that raised $250M in its initial public offering on Jan 29, 2021, listing on Nasdaq Capital Market. It completed its business combination with Nettar Group Inc. on Jan 25, 2022; the combined company is Satellogic Inc. (SATL). Cantor led the IPO. Ellenoff Grossman & Schole advised the SPAC and Graubard Miller advised the underwriters on the IPO.

Nettar Group Inc., known as Satellogic, collects high-resolution satellite data. It aims to remap the Earth daily in high resolution at an affordable price, and agreed a merger with CF Acquisition Corp. V.

Status
Merger completed
IPO date
Jan 29, 2021
IPO size
$250M
IPO exchange
Nasdaq Capital Market
Target
Nettar Group Inc. (d/b/a Satellogic)
Announced
Jul 6, 2021
Closed
Jan 25, 2022
Combined company
Satellogic Inc. (SATL)
IPO underwriters
Cantor
SPAC counsel (IPO)
Ellenoff Grossman & Schole
Underwriters' counsel (IPO)
Graubard Miller

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