Planet Labs redeems public warrants at $0.01; exercise deadline set for April 27, 2026 at 5:00 p.m. New York City time

Reuters

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Planet Labs redeems public warrants at $0.01; exercise deadline set for April 27, 2026 at 5:00 p.m. New York City time

Planet said it will redeem all outstanding public warrants to buy Class A common stock for USD 0.01 per warrant.
Holders may exercise the public warrants until 5:00 p.m. New York City time on April 27, 2026, at an exercise price of USD 11.50 per share.
Any public warrants not exercised by that time will be delisted, void, and no longer exercisable.
The company said it can redeem the warrants if its Class A common stock last sale price is at least USD 18.00 per share on 20 trading days within a 30-day trading period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet Labs PBC published the original content used to generate this news brief via Business Wire (Ref. ID: 202603270900BIZWIRE_USPR_____20260327_BW719258) on March 27, 2026, and is solely responsible for the information contained therein.

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