---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-073990"
form_type: "8-K"
ticker: "SPIR"
cik: "0001816017"
company_name: "Spire Global, Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T10:18:40.805035+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Gross proceeds of $30M from sale of 2,142,858 shares at $14.00/share; warrants at $14.50 expire July 3, 2024.
- Warrants allow purchase of up to 2,142,858 additional shares; potential additional $31M if fully exercised.
- Proceeds to be used for debt repayment, working capital, and general corporate purposes.
- Offering expected to close March 25, 2024; A.G.P./Alliance Global Partners as placement agent.
- 100-day lock-up restricts further equity issuance by Spire after closing.

## SEC filing metadata
- accession: 0001193125-24-073990
- form_type: 8-K
- ticker: SPIR
- cik: 0001816017
- company_name: Spire Global, Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816017/000119312524073990/0001193125-24-073990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816017/000119312524073990/d798308d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-073990
- JSON: https://secwatch.observer/filing/0001193125-24-073990.json
- Plain text: https://secwatch.observer/filing/0001193125-24-073990.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312524073990/0001193125-24-073990-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816017/000119312524073990/0001193125-24-073990-index.htm

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