Spire Global (SPIR) has issued an announcement.
Spire Global, Inc. has struck a deal with institutional investors to sell over 2 million shares and equal warrants for $30 million in a direct offering, aiming to close by March 25, 2024. Each share and warrant bundle is priced at $14.00, while warrants can be exercised at $14.50 and will expire by July 3, 2024. The company’s placement agent, A.G.P., will earn a fee based on the gross proceeds and exercise price of the warrants, with the entire agreement subject to standard closing conditions.
For detailed information about SPIR stock, go to TipRanks’ Stock Analysis page.
