BlackSky Technology (Osprey Technology Acquisition) ^{Priced, NYSE: BKSY}

We are a newly organized blank check company. Although we may pursue an acquisition opportunity in any business or industry, we intend to focus on opportunities in the technology sector, particularly companies pursuing a Software-as-a-Service, or SaaS, model, which we believe will deliver strong risk-adjusted returns for our investors. Venture capital has been very active in software. Since 2014, approximately $170 billion in venture funding has been invested globally in the software sector and more and more of that capital is supporting later stage companies. However, we believe that the IPO market has become increasingly selective, forcing venture investors to extend the duration of their holdings and increase capital commitments to maintain ownership across later rounds. We believe that there will be a number of sellers that will appreciate the liquidity and/or exit opportunity that Osprey Technology is well-positioned to provide. To pursue this opportunity, we will rely on the combination of skills brought to us by our management, board of directors, and our operating partners. Our team is led by our Co-Chairmen Edward E. Cohen (Chairman of HEPCO Capital Management) and Jonathan Z. Cohen (CEO of HEPCO Capital Management), and our CEO and director David DiDomenico (Partner at JANA Partners).