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Osprey Stockholder Litigation

1-877-580-7498

This official website is maintained by the Settlement Administrator supervised by Plaintiff’s Counsel in the action entitled In re BlackSky Technology Inc. Stockholders Litigation, CONSOLIDATED C.A. No. 2024-0478-KSJM pending in the Court of Chancery of the State of Delaware.

Osprey Stockholder Litigation

Please be advised that your rights will be affected by the above-captioned stockholder class action (the “Action”) pending in the Court of Chancery of the State of Delaware (the “Court”) if you were a public stockholder of Osprey Class A common stock as of September 6, 2021 (the “Class Period”).

The information contained on this web page is only a summary of information presented in more detail in the Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the “Notice”), which you can access by clicking here. Because this website is just a summary, you should review the Notice and Settlement Agreement for additional details.

Notice of Pendency of Class Action: Please be advised that your rights will be affected by the above-captioned stockholder class action (the “Action”) pending in the Court of Chancery of the State of Delaware (the “Court”) if you were a public stockholder of Osprey Class A common stock as of September 6, 2021 (the “Class Period”).

Notice of Settlement: Please be advised that (i) Plaintiffs Patrick Plumley (“Plumley”) and Sravan Cheriyala (“Cheriyala”) (the “Plaintiffs”), on behalf of themselves and the Class (as defined herein), and (ii) Defendants Osprey Sponsor II, LLC (the “Sponsor”), Edward E. Cohen, Jonathan Z. Cohen, David DiDomenico, Savneet Singh, Robert B. Henske, Richard Reiss, Jr., Robert B. Tinker, Jeffrey F. Brotman (the “Osprey Defendants”), and Brian O’Toole (“O’Toole”) (collectively, the “Defendants”) (together with Plaintiffs, the “Parties,” and each a “Party”), have reached a proposed settlement for $7,500,000.00 in cash (the “Settlement Amount”) as set forth in the Stipulation (the “Settlement”).  The Settlement, if approved, will resolve all claims in the Action. If you were a member of the Class, you are subject to the Settlement. The Class preliminarily certified by the Court solely for purposes of the Settlement consists of: 

All record and beneficial holders of Osprey Technology Corp. (“Osprey”) Class A common stock who held such stock as of the closing of the market on September 6, 2021, (the “Redemption Deadline”), and who elected not to redeem all or some of their Osprey Class A common stock, including their successors-in-interest who obtained shares by operation of law, but excluding any excluded persons (the “Class”).

Please Note: The Class is a non “opt-out” class pursuant to Delaware Court of Chancery Rules 23(a), 23(b)(1), and 23(b)(2). Accordingly, Class Members do not have the right to exclude themselves from the Class.


Please read the Notice to fully understand your rights and options. Copies of the Notice and Claim Form can be found in the menu of this page.


Payments to eligible claimants will be made only if the Court approves the Settlement and a Plan of Allocation, only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.


Please read the Notice carefully. If you have questions, you may call the Osprey Stockholder Settlement Help Line at 1-877-580-7498, or email info@OspreyStockholderSettlement.com 

CLASS MEMBERS’ LEGAL RIGHTS IN THE SETTLEMENT:
Description Due Date

SUBMIT A CLAIM FORM.

If you are a member of the Class, you may be eligible to receive a distribution from the Settlement proceeds. Authorized Claimants must submit a Proof of Claim and Release to receive a distribution from the Settlement, if approved by the Court. Proof of Claims must be postmarked or submitted online on or before June 19, 2026. See Paragraphs 34-51 of the Notice for further discussion.

OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN APRIL 2, 2026.

If you are a member of the Class and would like to object to the proposed Settlement, the proposed Plan of Allocation, or Plaintiffs’ Counsel’s request for a Fee and Expense Award (defined in Paragraph 54 of the Notice), including Plaintiffs’ application for a service award, you may write to the Court and explain the reasons for your objection.

ATTEND A HEARING ON APRIL 17, 2026, AT 1:30 P.M., AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN APRIL 2, 2026.

Filing a written objection and notice of intention to appear that is received by April 2, 2026, allows you to speak in Court, at the discretion of the Court, about your objection. In the Court’s discretion, the April 17, 2026, hearing may be conducted by telephone or videoconference (see Paragraphs 56-58 of the Notice). If you submit a written objection, you may (but you do not have to) attend the hearing and, at the discretion of the Court, speak to the Court about your objection.