---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-126293"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:03:36.602744+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Spire sells maritime business for ~$241M to Kpler; plans to eliminate debt

## Summary
- Enterprise value of $233.5M plus $7.5M for post-close services; ~5.8x trailing 12-month revenue.
- Proceeds will retire all outstanding debt under Blue Torch Financing Agreement.
- Entered into forbearance with Blue Torch covering specified defaults through Dec 24, 2024.
- Spire retains satellite network, aviation, weather, space services, and U.S. government maritime customers.
- Transaction expected to close by Q1 2025, subject to customary conditions and regulatory approvals.

## SEC filing metadata
- accession: 0000950170-24-126293
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017024126293/0000950170-24-126293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017024126293/spir-20241111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-126293
- JSON: https://secwatch.observer/filing/0000950170-24-126293.json
- Plain text: https://secwatch.observer/filing/0000950170-24-126293.txt

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