Spire Plans $40M Capital Raise

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Credit: Timon Schneider/Alamy Stock Photo
Spire Global is moving to shore up its financial position with a planned private placement to generate $40 million in extra capital. Spire, on March 13, said it planned to sell 5 million in Class A common stock at $8 per share and pre-funded warrants that, including the exercise price, are priced at...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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