---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-058698"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:59:58.230180+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Spire Global sells maritime business to Kpler for ~$233.5M, retires all debt

## Summary
- Sale price $233.5M plus $7.5M TSA; proceeds fully retire all outstanding debt.
- Spire repaid Blue Torch term loan ($93.9M current + $4.6M long-term) and incurred ~$2.8M exit fees.
- Settlement with L3Harris: $17M paid by Kpler; Spire contributed $7M via reduced cash proceeds.
- Pro forma FY2024 net income $45.4M; gain on sale $155.9M; debt elimination saves ~$20.4M interest.
- Retains satellite network and technology; continues aviation, weather, and space services.

## SEC filing metadata
- accession: 0000950170-25-058698
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000095017025058698/0000950170-25-058698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000095017025058698/spir-20250425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-058698
- JSON: https://secwatch.observer/filing/0000950170-25-058698.json
- Plain text: https://secwatch.observer/filing/0000950170-25-058698.txt

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