** BlackSky Technology's BKSY.N shares plunging 24% to $21.48 in extended trading as real-time geospatial intelligence solutions provider looks to raise capital and lowers rev guidance
** Herndon, Virginia-based co announces private offering of $125 mln convertible bonds due 2033
** Co also says in a filing now expects FY25 rev of $105-$130 mln, down from prior outlookof $125-$142 mln, with reduction primarily driven by anticipated impacts of U.S. Government budget uncertainties and contract timing volatility in Q3 and Q4
** Co has ~34.85 mln shares outstanding as of June 30, per the filing, giving it roughly $985 mln market cap
** It intends to use approx $103.1 mln and $10.2 mln of net offering proceeds to repay borrowings under, and terminate, its term loan facilities
** BKSY shares on Thurs closed up 8.9% at $28.29, extending YTD gain to 162%
** All 6 analysts covering BKSY are bullish and median PT is $18, LSEG data reflects
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。