secwatch / observer
8-K filed March 21, 2024, 7:59 PM ET ticker SPIR CIK 0001816017
other material confidence high sentiment neutral materiality 0.70

Spire Global raises $30M in registered direct offering; issues shares and warrants

Spire Global, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Spire Global, Inc. entered into Securities Purchase Agreement with institutional investors valued at 2,142,858 shares of Class A Common Stock and warrants, aggregate gross proceeds of $30.0 million, of (effective 2024-03-21).

Action
entry
Agreement
equity purchase
Counterparty
institutional investors
Value
2,142,858 shares of Class A Common Stock and warrants, aggregate gross proceeds of $30.0 million, of
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, Spire Global, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with institutional investors (the “Investors”), pursuant to which the Company agreed to issue and sell, in a registered direct offering by the Company directly to the Investors (the “Offering”), (i) an aggregate of 2,142,858 shares (the “Shares”) of Class A Common Stock of the Company and (ii) warrants exercisable for an aggregate of 2,142,858 shares of Class A Common Stock (the “Warrants”) to the Investors.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Spire Global, Inc. entered into Placement Agent Agreement with A.G.P./Alliance Global Partners valued at Exclusive placement agent for the Offering, fee of 6% of gross proceeds and 4% of warrant exercise p (effective 2024-03-21).

Action
entry
Agreement
underwriting
Counterparty
A.G.P./Alliance Global Partners
Value
Exclusive placement agent for the Offering, fee of 6% of gross proceeds and 4% of warrant exercise p
Effective
2024-03-21
Exact text from the filing
On March 21, 2024, the Company entered into a placement agency agreement (the “Placement Agent Agreement”) with A.G.P./Alliance Global Partners (“A.G.P.”) (the “Placement Agent”), pursuant to which the Company engaged A.G.P. as the exclusive placement agent in connection with the Offering.
View on SEC.gov

547 material agreements filed in the last 30 days. Browse all material agreements →

Spire Global, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-24-073990
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