---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-252886"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:43:22.910485+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Spire Global completes SPAC merger with NavSight; H1 2021 revenue $18.8M (+34%)

## Summary
- Business combination with NavSight closed Aug 16, 2021; combined company renamed Spire Global (SPIR) on NYSE.
- PIPE investment of $245M (24.5M shares at $10/share); existing holders redeemed ~21M shares for $210M.
- Old Spire H1 2021 revenue $18.8M (+34% YoY), gross margin 63%, ARR $36.6M (+36%), 187 ARR customers (+68%).
- Outstanding post-close shares: 133.7M Class A, 12.1M Class B, 22.4M options; earnout shares tied to $13/$16/$19/$22 price triggers.
- Old Spire continues to incur net losses; no net income figure disclosed for H1 2021.

## SEC filing metadata
- accession: 0001193125-21-252886
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 5.02, 3.02, 4.01, 3.01, 3.03, 5.03, 5.01, 5.05, 5.06, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/0001193125-21-252886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/d212407d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-252886
- JSON: https://secwatch.observer/filing/0001193125-21-252886.json
- Plain text: https://secwatch.observer/filing/0001193125-21-252886.txt

## Key facts
- Executive change
  Stephen Messer was appointed as Director at Spire Global, Inc..
  - Action: appointed
  - Role: Director
  source text: the Class I directors are Peter Platzer and Stephen Messer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/0001193125-21-252886-index.htm
- Executive change
  William Porteous was appointed as Director at Spire Global, Inc..
  - Action: appointed
  - Role: Director
  source text: the Class II directors are Jack Pearlstein and William Porteous
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/0001193125-21-252886-index.htm
- Executive change
  Theresa Condor was appointed as Director at Spire Global, Inc..
  - Action: appointed
  - Role: Director
  source text: the Class III director is Theresa Condor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/0001193125-21-252886-index.htm
- Executive change
  Peter Platzer was appointed as Director at Spire Global, Inc..
  - Action: appointed
  - Role: Director
  source text: the Class I directors are Peter Platzer and Stephen Messer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312521252886/0001193125-21-252886-index.htm

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