Spire Global ( (SPIR) ) has released a notification of late filing.
Spire Global, Inc. has filed a Form 12b-25, indicating a delay in submitting its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the premature filing of the report before the completion of the audit by PricewaterhouseCoopers LLP, which did not approve the inclusion of the audit report. Additionally, the audit report omitted a critical paragraph about the company’s ability to continue as a going concern. Spire Global expects to file an amended report within the fifteen-day extension period. The company has reported significant changes in its financial results, with a net loss of $102.7 million for 2024 compared to $77.6 million in 2023. The company is actively working on compliance efforts and the notification was signed by Thomas Krywe, the Interim Chief Financial Officer.
More about Spire Global
YTD Price Performance: -44.17%
Average Trading Volume: 664,710
Technical Sentiment Signal: Buy
Current Market Cap: $262.8M
Learn more about SPIR stock on TipRanks’ Stock Analysis page.