Press release
Investigation announced for Investors who lost money with shares of Spire Global, Inc. (NYSE: SPIR)
An investigation for investors in Spire Global, Inc. (NYSE: SPIR) shares over potential securities laws violations.
Investors who purchased shares of Spire Global, Inc. (NYSE: SPIR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Spire Global, Inc. (NYSE: SPIR) concerning whether a series of statements by Spire Global, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Vienna, VA based Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services worldwide. Spire Global, Inc. reported that its annual Total Revenue rose from $80.26 million in 2022 to $105.7 million in 2023, and that its Net Loss declined from $89.41 million in 2022 to $63.95 million in 2023.
On August 14, 2024, following the market close, Spire Global, Inc. publicly disclosed that its 10-Q filing for the quarter ending June 30 would be delayed, notifying the Securities and Exchange Commission (SEC) of this postponement. Alongside this announcement, Spire revealed plans to reschedule its second-quarter results conference call, indicating that the new date and time for this call will be established once the filing date for its Form 10-Q is confirmed.
Shares of Spire Global, Inc. (NYSE: SPIR) declined from $14.77 per share on July 18, 2024, to $6.26 per share on August 15, 2024.
Those who purchased shares of Spire Global, Inc. (NYSE: SPIR) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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