---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-012756"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:47:25.120066+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Spire Global sells 833,333 shares to Signal Ocean for $10M; partnership to digitize maritime economy

## Summary
- Closed private placement of 833,333 shares at $12.00 each for $10M gross proceeds on February 8, 2024.
- Signal Ocean will collaborate with Spire to develop AI/ML maritime solutions using Spire's satellite data.
- Spire must file a resale registration statement for the shares within 30 days of closing.

## SEC filing metadata
- accession: 0000950170-24-012756
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017024012756/0000950170-24-012756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017024012756/spir-20240204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-012756
- JSON: https://secwatch.observer/filing/0000950170-24-012756.json
- Plain text: https://secwatch.observer/filing/0000950170-24-012756.txt

## Key facts
- Material Agreements
  Spire Global, Inc. entered into securities purchase agreement with Signal Ocean Ltd valued at $10.0 million (effective 2024-02-04).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Signal Ocean Ltd
  - Value: $10.0 million
  - Effective: 2024-02-04
  source text: On February 4, 2024, Spire Global, Inc. (the “Company”) and Signal Ocean Ltd (“Signal Ocean”) entered into a securities purchase agreement (the “SPA”) for the issuance and sale of 833,333 shares (“Shares”) of the Company’s Class A common stock to Signal Ocean at a price of $12.00 per share (the “Private Placement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000095017024012756/0000950170-24-012756-index.htm

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