---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-043015"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:42:52.049194+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Spire Global appoints Leo Basola as CFO effective Sep 5; reverse stock split 1-for-8 approved

## Summary
- Leo Basola named CFO, effective Sep 5, 2023; succeeds Thomas Krywe who stays as consultant through Nov 30.
- Basola previously SVP International Finance at Equifax; base salary $390k + 80% target bonus + 750k RSU grant.
- Board approved 1-for-8 reverse stock split, effective Aug 31, 2023; fractional shares cashed out or canceled.
- Outgoing CFO Krywe will receive prorated 100% target bonus for 2023, plus $4,320/month consulting fee.
- Spire expects to be free cash flow positive in Q2 or Q3 2024; Basola to lead financial oversight for growth.

## SEC filing metadata
- accession: 0000950170-23-043015
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017023043015/0000950170-23-043015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017023043015/spir-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-043015
- JSON: https://secwatch.observer/filing/0000950170-23-043015.json
- Plain text: https://secwatch.observer/filing/0000950170-23-043015.txt

## Key facts
- Executive change
  Leonardo Basola was appointed as Chief Financial Officer at Spire Global, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed Leonardo Basola as the Company’s Chief Financial Officer, effective September 5, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023043015/0000950170-23-043015-index.htm
- Executive change
  Thomas Krywe departed as Chief Financial Officer at Spire Global, Inc..
  - Action: resigning
  - Role: Chief Financial Officer
  source text: who is resigning as Chief Financial Officer as previously disclosed
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017023043015/0000950170-23-043015-index.htm

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