BlackSky Technology Inc. Form 8-K Filing

On May 22, 2026, BlackSky Technology Inc. entered into a Sales Agreement with Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC. This agreement allows BlackSky Technology Inc. to offer and sell up to $250,000,000 of its Class A common stock through the Sales Agents. The sales can be conducted through negotiated transactions or "at the market offerings" on the New York Stock Exchange, in block transactions, or via other existing trading markets. The Company will direct sales to only one Sales Agent at a time. The Sales Agents will use commercially reasonable efforts to sell the shares based on the Company's instructions. The offering is being made under the Company's shelf registration statement on Form S-3ASR, filed with the SEC on May 22, 2026, with a corresponding prospectus supplement. Either party may terminate the Sales Agreement with ten trading days' prior written notice. The Sales Agents are entitled to compensation of up to 3.0% of the gross proceeds from shares sold. The agreement includes customary representations, warranties, and indemnification provisions for both parties. This filing does not constitute an offer to sell or a solicitation of an offer to buy any securities.