BlackSky to Present at 41st Annual Canaccord Genuity Growth Conference
HERNDON, Virginia – (COMMERCIAL THREAD) – BlackSky Holdings, Inc. (“BlackSky”), a leading technology platform providing real-time geospatial intelligence and global monitoring, today announced that Brian E. O’Toole, CEO, and Brian Daum, CFO, will participate virtually in Canaccord Genuity’s 41st Annual Growth Conference. The BlackSky presentation is scheduled to take place on Thursday, August 12 at 4:30 p.m. ET. A live webcast of the presentation will be available here.
BlackSky executives will also be available for one-on-one meetings throughout the conference. For more information on the conference or to schedule a one-on-one meeting with management, please contact your Canaccord Genuity representative.
Earlier this year, BlackSky announced a proposed business combination with Osprey Technology Acquisition Corp. (NYSE: SFTW). BlackSky currently expects to complete the transaction in the third quarter of 2021.
About BlackSky Holdings, Inc.
BlackSky is a leading provider of real-time geospatial intelligence. BlackSky monitors activities and facilities around the world by leveraging the world’s emerging sensor networks and leveraging its own constellation of satellites. BlackSky processes millions of data items from its constellation on a daily basis as well as various spatial, IoT and terrestrial sensors and data streams. BlackSky’s on-demand satellite constellation can image a location multiple times throughout the day. BlackSky monitors life cycle anomalies to generate alerts and improve situational awareness. BlackSky’s surveillance service, Spectra AI, is powered by cutting-edge computational techniques, including machine learning, artificial intelligence, computer vision, and natural language processing. BlackSky’s global monitoring solution is available through a simple subscription and does not require any IT infrastructure or configuration. On February 17, 2021, BlackSky entered into a definitive agreement for a business combination (the “Merger Agreement”) with Osprey Technology Acquisition Corp. (“Osprey”) (NYSE: SFTW) which would make BlackSky a publicly traded company. For more information, visit www.blacksky.com.
Osprey is a Special Purpose Acquisition Company, or SPAC, which was formed in collaboration between investment firms HEPCO Capital Management, led by Jonathan and Edward Cohen, and JANA Partners, led by Barry Rosenstein and with his SPAC initiative led by JANA partner David DiDomenico. , who is CEO, President and Director of Osprey. Osprey was formed to complete a transaction with one or more transformative companies that have developed innovative software delivery platforms. For more information, visit www.osprey-technology.com.
Caution Regarding Forward-Looking Statements
This document contains certain forward-looking statements within the meaning of federal securities laws regarding the proposed transactions between Osprey and BlackSky. These forward-looking statements are generally identified by the words “believe”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “the strategy”, “the future”, “The opportunity”, “the plan,” “may”, “should”, “will”, “would”, “will”, “will continue”, “will probably result” and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. There are many factors that could cause actual future events to differ materially from the forward-looking statements contained in this document, including, but not limited to: (i) the risk that transactions will not be completed on time or not on time. anything, which could have a negative impact on the price of Osprey’s securities, (ii) the risk that transactions will not be completed before the Osprey business combination deadline and the potential inability to obtain an extension of the business combination deadline if Osprey so requests, (iii) non-compliance with the conditions for the completion of the transactions, including the adoption of the merger agreement by the Osprey shareholders, the satisfaction of the minimum trust account amount following redemptions by the public shareholders of Osprey and obtaining certain government and regulatory approvals, (iv) the absence of a third party assessment to determine iner whether or not to proceed with the proposed transactions, (v) the inability to complete the PIPE investment, (vi) the occurrence of any event, change or other circumstance which could result in the termination of the Merger Agreement, (vii) the effect of the announcement or expectation of transactions on the business relationships, results of operations and business of BlackSky in general, (viii) the risks that the proposed transactions disrupt current plans and operations of BlackSky, (ix) the outcome of any legal proceedings that may be brought against BlackSky or against Osprey in connection with the Merger Agreement or the proposed transactions, (x) the ability to maintain the listing of Osprey securities on a national stock exchange, (xi) changes in the competitive and regulated industries in which BlackSky operates, variations in operating performance between competitors, changes in laws and regulations affecting BlackSky’s business and changes in the combined capital structure, (xii) the ability to implement business plans, forecasts and other expectations after the completion of proposed transactions, and identify and execute additional opportunities (xiii) the performance of our third party service providers, including our satellite manufacturers and launch providers, (xiv) risks related to delays or cancellations of current or expected customers, (xv) the risk that buyouts by public shareholders of Osprey may require the combined company to seek additional equity and / or debt financing to fund its business plan, and (xvi) the effects of natural disasters, terrorist attacks and the spread and / or reduction of infectious diseases, such as as COVID-19, on proposed transactions or on the ability to implement business plans, s forecasts and other expectations after the completion of the proposed transactions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and other risks and uncertainties described in the “Risk Factors” section of Osprey’s registration on Form S-1 (File No. 333-234180), Registration Statement on Form S-4 discussed below and other documents filed by Osprey from time to time with the United States Securities and Exchange Commission (the “SEC”). These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Osprey and BlackSky assume no obligation and do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither Osprey nor BlackSky guarantees that Osprey or BlackSky, or the combined company, will meet their expectations.
Additional information and where to find it
This document relates to the proposed transactions between Osprey and BlackSky. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any jurisdiction in which any such offer, sale or exchange would be illegal prior to registration or qualification under the securities laws of such jurisdiction. On May 13, 2021, Osprey filed a registration statement on Form S-4 with the SEC, as amended on June 25, 2021, July 14, 2021, and August 2, 2021, which included a document serving as a prospectus and proxy. Osprey statement, referred to as the proxy / prospectus statement. A proxy / prospectus will be sent to all Osprey shareholders. Osprey will also file other documents regarding the proposed transactions with the SEC. Before making any voting or investment decisions, investors and holders of Osprey securities are urged to read the registration statement, proxy circular / prospectus and all other relevant documents filed or to be filed. with the SEC in connection with the proposed transactions as they become available as they will contain important information about the proposed transactions.
Investors and security holders will be able to obtain free copies of the registration statement, proxy circular / prospectus and all other relevant documents filed or to be filed with the SEC by Osprey through the website maintained. by the SEC at www.sec.gov.
Documents filed by Osprey with the SEC may also be obtained free of charge from Osprey’s website at https://www.osprey-technology.com or from Osprey upon written request to 1845 Walnut Street, Suite 1111, Philadelphia, Pennsylvania 19103.
Participants in the solicitation
Osprey and BlackSky and their directors and officers may be considered participants in the solicitation of proxies from Osprey shareholders in connection with the proposed transactions. Osprey shareholders and other interested persons may obtain, free of charge, more detailed information regarding the directors and officers of Osprey in Osprey’s annual report on Form 10-K / A for the fiscal year ended December 31, 2020. , which was filed with the SEC on May 12, 2021 and in Osprey’s registration statement on Form S-4, which was filed by Osprey with the SEC in connection with the business combination on May 13, 2021. Information regarding who may, under SEC rules, be considered participants in the solicitation of proxies from Osprey shareholders in connection with the proposed business combination is set out in the proxy statement / the prospectus on Form S-4 for the proposed business combination, which was filed by Osprey with the SEC in connection with the business combination on May 13, 2021, as amended on June 25, 2021, l e July 14, 2021 and August 2, 2021.
A list of the names of such directors and officers and information regarding their interests in the transactions will be contained in the proxy circular / prospectus when available. You can obtain free copies of these documents as described in the previous paragraph.
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of a vote or approval, and there will be no sale of securities in any state or jurisdiction in which a such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that other jurisdiction.