secwatch.observer — SEC 8-K summary
======================================

Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0000950170-25-040231
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Global raises $40M in private placement of 5M shares/pre-funded warrants at $8.00
--------------------------------------------------------------------------------

- Gross proceeds of $40.0M from sale of 4,843,750 shares + 156,250 pre-funded warrants at $8.00 per share equivalent.
- Pre-funded warrants exercisable at $0.0001, expire when exercised; capped beneficial ownership at 4.99%/9.99%.
- Net proceeds to be used for working capital and general corporate purposes.
- Registration statement to be filed by April 30, 2025 for resale; lock-up on insiders for 90 days.
- Craig-Hallum Capital Group acted as sole placement agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000095017025040231/0000950170-25-040231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000095017025040231/spir-20250312.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-040231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer