---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-017880"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:29:06.825967+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Spire Global sues Kpler to force $233.5M maritime sale; warns of going concern

## Summary
- Filed complaint in Delaware Chancery on Feb 10, 2025, seeking specific performance to close the maritime sale.
- Buyer Kpler refused to close despite Spire believing all conditions satisfied; deal enterprise value $233.5M.
- Cash $19.2M as of Dec 31, 2024, only $4.8M in US; cannot repay Blue Torch debt if deal fails.
- Restatement not completed; expects to miss NYSE deadline of Feb 19, 2025; seeks extension to March 31.
- Substantial doubt about ability to continue as a going concern for at least 12 months.

## SEC filing metadata
- accession: 0000950170-25-017880
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017025017880/0000950170-25-017880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017025017880/spir-20250210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-017880
- JSON: https://secwatch.observer/filing/0000950170-25-017880.json
- Plain text: https://secwatch.observer/filing/0000950170-25-017880.txt

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