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BlackSky Technology slides on planned $100 million share sale

ReutersDec 12, 2025 9:54 PM

Space-based intelligence company BlackSky Technology's BKSY.N shares fall 5.8% to $17.18 in extended trading

BKSY unveils up to $100 million "at-the-market offering" to be handled by Deutsche Bank and Craig‑Hallum

Stock closed down 6.7% at $18.24 on Friday

Proceeds will be used for general purposes, including capital expenditures and strategic investments

BKSY has ~36 million outstanding shares as of September 30, according to SEC filing

As of last close, BKSY stock up 69% YTD

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