secwatch.observer — SEC 8-K summary
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Issuer:     Spire Global, Inc. (SPIR)
CIK:        0001816017
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001193125-26-151231
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire Global raises $70M via 5M-share private placement at $14/share
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- Sold 5,000,000 shares of Class A common stock at $14.00 per share for gross proceeds of $70M.
- Net proceeds to be used for working capital and growth, including space reconnaissance and weather data solutions.
- Closing occurred on April 10, 2026; Craig-Hallum acted as sole placement agent.
- Registration statement for resale of shares to be filed by April 23, 2026; lock-up on company executives for 90 days.
- Company subject to standstill on share issuance and variable-rate transactions for 90 days and 6 months, respectively.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526151231/0001193125-26-151231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816017/000119312526151231/spir-20260408.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-151231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer