other material
confidence high
sentiment neutral
materiality 0.55
Spire Global completes warrant exchange, issues 3.3M shares; remaining warrants to be retired Jan 4
Spire Global, Inc.
- 87% of public warrants (9.96M) and all 6.6M private warrants were tendered in the offer.
- 3,311,286 shares of Class A common stock issued in exchange for tendered warrants.
- Company will exchange remaining untendered warrants at 0.18 shares per warrant on Jan 4, 2023.
- Last trading day for warrants is Jan 3, 2023; all such warrants will be retired.
- Warrants for 3,694,800 shares from Blue Torch Financing remain outstanding.