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BUZZ-BlackSky Technology slides on planned $100 million share sale

Reuters
Dec 13, 2025
BUZZ-BlackSky Technology slides on planned $100 million share sale

** 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

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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