Spire Global Secures $40M Through Private Placement of Common Stock and Pre-funded Warrants

Spire Global, Inc., a global provider of space-based data, analytics and services, was represented by Faegre Drinker in a private placement of 5 million shares of common stock and pre-funded warrants that closed on March 14, 2025, resulting in gross proceeds of $40 million. Craig-Hallum Capital Group LLC served as the sole placement agent for the transaction.