Planet Labs Issues Earnout Shares and Warrants as Stock Hits Vesting Milestones

Reuters01-26

Planet Labs Issues Earnout Shares and Warrants as Stock Hits Vesting Milestones

Planet Labs PBC announced that vesting conditions have been satisfied for 75% of both the Sponsor Earnout Shares and Sponsor Earnout Warrants, as the closing price of its Class A Common Stock equaled or exceeded $15.00, $17.00, and $19.00 for at least 20 out of 30 trading days. As a result, 75% of the 862,500 Sponsor Earnout Shares and 2,966,667 Sponsor Earnout Warrants held by the Sponsor following the company’s closing are now vested. The remaining unvested securities will be cancelled if vesting conditions are not met by the fifth anniversary of the closing.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-020587), on January 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The remaining unvested securities will be cancelled if vesting conditions are not met by the fifth anniversary of the closing.\n      \n\n\nDisclaimer: 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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