---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-101576"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:01:38.900268+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Spire Global secures waiver/amendment with Blue Torch; Q2 financials delayed, $10M payment due Aug 31

## Summary
- Waived events of default for leverage ratio noncompliance and failure to deliver Q2 2024 financial statements under financing agreement with Blue Torch.
- Amendment provides immediate covenant relief from leverage ratios; 3.5% amendment fee (paid-in-kind) added to principal.
- Company required to make $10M principal payment on August 31, 2024; reduction in fee possible if refinance before Dec 31, 2024.
- Preliminary cash, cash equivalents, and short-term marketable securities as of June 30, 2024: ~$46M.
- Q2 2024 financial statements delayed due to ongoing review of revenue recognition and embedded leases in Space as a Service contracts.

## SEC filing metadata
- accession: 0000950170-24-101576
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017024101576/0000950170-24-101576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017024101576/spir-20240827.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-101576
- JSON: https://secwatch.observer/filing/0000950170-24-101576.json
- Plain text: https://secwatch.observer/filing/0000950170-24-101576.txt

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