---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-009745"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T16:59:29.859182+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spire Global receives NYSE delisting notice for low stock price; board member resigns

## Summary
- NYSE notified Spire on March 24, 2023 that average closing price below $1.00 over 30 trading days, violating Rule 802.01C.
- Company has cure period and plans to consider a reverse stock split subject to stockholder approval to regain compliance.
- Jack Pearlstein resigned from the Board effective March 21, 2023 to focus on other professional commitments, no disagreement.
- Common stock continues trading on NYSE while the company works to regain compliance with the listing rule.

## SEC filing metadata
- accession: 0000950170-23-009745
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017023009745/0000950170-23-009745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017023009745/spir-20230321.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-009745
- JSON: https://secwatch.observer/filing/0000950170-23-009745.json
- Plain text: https://secwatch.observer/filing/0000950170-23-009745.txt

## Key facts
- Listing & Compliance Notices
  Spire Global, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: March 24, 2023, Spire Global, Inc., a Delaware corporation (the “Company”), was notified by the New York Stock Exchange (“NYSE”) that the Company is not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual (“Rule 802.01C”) relating to the minimum average closing price of the Company’s Class A common stock, par value of $0.0001 per share (the “Common Stock”), required over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company’s Common Stock from the NYSE. The Company intends to notify the NYSE within 10 business days of its inte
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023009745/0000950170-23-009745-index.htm
- Executive change
  Jack Pearlstein resigned as Director at Spire Global, Inc..
  - Action: resigned
  - Role: Director
  source text: On March 21, 2023, Jack Pearlstein informed the Company of his resignation from the Company’s Board of Directors, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023009745/0000950170-23-009745-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.