04:24 PM EDT, 09/27/2024 (MT Newswires) -- BlackSky Technology ( BKSY/WS ) said late Friday that it closed a $46 million underwritten public offering.

The company raised the proceeds from issuing 10 million shares, in addition to underwriters fully exercising their option to buy up to 1.5 million shares, at $4 apiece.

Shares of the company were up 1.6% in recent after-hours activity.

Price: 4.5300, Change: +0.07, Percent Change: +1.57