Spire Global Files 8-K: Material Agreement, Financials
Ticker: SPIR · Form: 8-K · Filed: Mar 21, 2024 · CIK: 1816017
Sentiment: neutral
Topics: material-agreement, filing, financials
Related Tickers: SPIR
TL;DR
Spire Global (SPIR) filed an 8-K today – looks like a new material agreement is in play.
AI Summary
On March 21, 2024, Spire Global, Inc. filed an 8-K report detailing a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements/exhibits. Spire Global, Inc. was formerly known as NavSight Holdings, Inc. until June 24, 2020.
Why It Matters
This 8-K filing indicates Spire Global has entered into a significant agreement, which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.
Key Players & Entities
- Spire Global, Inc. (company) — Registrant
- NavSight Holdings, Inc. (company) — Former Company Name
- March 21, 2024 (date) — Date of Report
- June 24, 2020 (date) — Date of Name Change
FAQ
What is the nature of the material definitive agreement entered into by Spire Global, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the summary information.
What other items are included in this 8-K filing?
This 8-K filing also includes Regulation FD disclosures and financial statements and exhibits.
When did Spire Global, Inc. change its name from NavSight Holdings, Inc.?
Spire Global, Inc. changed its name from NavSight Holdings, Inc. on June 24, 2020.
What is Spire Global, Inc.'s principal executive office address?
Spire Global, Inc.'s principal executive offices are located at 8000 Towers Crescent Drive, Suite 1100, Vienna, Virginia, 22182.
What is the Commission File Number for Spire Global, Inc.?
The Commission File Number for Spire Global, Inc. is 001-39493.
Filing Stats: 1,308 words · 5 min read · ~4 pages · Grade level 10.6 · Accepted 2024-03-21 17:16:08
Key Financial Figures
- $0.0001 — red Class A common stock, par value of $0.0001 per share SPIR The New York Stock E
- $14.00 — k is being sold at an offering price of $14.00. The aggregate gross proceeds to the Co
- $30.0 million — fering are expected to be approximately $30.0 million before deducting the placement agent's
- $14.50 — arrants have an exercise price equal to $14.50 per share of Class A Common Stock, are
- $50,000 — le fees of legal counsel, not to exceed $50,000. The Placement Agent Agreement also con
Filing Documents
- d798308d8k.htm (8-K) — 34KB
- d798308dex11.htm (EX-1.1) — 40KB
- d798308dex41.htm (EX-4.1) — 68KB
- d798308dex51.htm (EX-5.1) — 18KB
- d798308dex101.htm (EX-10.1) — 156KB
- d798308dex991.htm (EX-99.1) — 7KB
- g798308g0321085059397.jpg (GRAPHIC) — 2KB
- 0001193125-24-073990.txt ( ) — 541KB
- spir-20240321.xsd (EX-101.SCH) — 3KB
- spir-20240321_lab.xml (EX-101.LAB) — 18KB
- spir-20240321_pre.xml (EX-101.PRE) — 11KB
- d798308d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibits Description 1.1 Placement Agency Agreement, dated as of March 21, 2024, by and among Spire Global, Inc. and A.G.P./Alliance Global Partners. 4.1 Form of Warrant. 5.1 Opinion of Faegre Drinker Biddle & Reath LLP. 10.1 Securities Purchase Agreement, dated as of March 21, 2024, by and among Spire Global, Inc. and the purchasers party thereto. 23.1 Consent of Faegre Drinker Biddle & Reath LLP (included in Exhibit 5.1). 99.1 Pricing Press Release, dated March 21, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SPIRE GLOBAL, INC. Date: March 21, 2024 By: /s/ Peter Platzer Name: Peter Platzer Title: Chief Executive Officer