ATLANTA, GA – (Globe Newswire – August 21, 2024) – – A shareholder class action lawsuit has been filed Spire Global, Inc. (“Spire Global” or the “Company”) (NYSE: SPIR). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts regarding the Company’s  business, operations, and prospects, including allegations that: (1) there were embedded leases of identifiable assets and pre-space mission activities for certain Space Services contracts; (2) Spire Global lacked effective internal controls regarding revenue recognition for these contracts; and (3) as a result, Spire Global overstated revenue for certain Space Services contracts.

If you bought shares of Spire Global between March 6, 2024 and August 14, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at http://holzerlaw.com/case/spire-global/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is October 21, 2024.