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Stock impact report

Spire Global (SPIR) Admits Accounting Errors More Extensive Than Initially Revealed, Amid Investor Class Action - Hagens Berman

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: GlobeNewswire
SAN FRANCISCO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Spire Global, Inc. (NYSE: SPIR) investors who suffered substantial losses to submit your losses now. Class Period: Mar. 6, 2024 – Aug. 14, 2024Lead Plaintiff Deadline: Oct. 21, 2024 Visit: www.hbsslaw.com/investor-fraud/SPIR Contact the Firm Now: SPIR@hbsslaw.com                                         844-916-0895 Class Action Lawsuit Against Spire Global, Inc. (SPIR): Spire Global, the beleaguered space data provider, has managed to stave off financial distress by securing a waiver and amendment to its debt obligations with Blue Torch Capital. The agreement, reached on Aug. 27, 2024, provides immediate relief from leverage ratios in exchange for a hefty price tag. The company will now be required to pay an amendment fee of 3.5% of the outstanding term loan principal and it had to make a $10 million principal payment by August 31. This comes at a time when Spire’s cash reserves are already stretched thin, wi Show less Read more
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