BRIEF-Spire Global Announces Strategic Business Update; Debt To Be Eliminated-February 2024-www.financetom.com

BRIEF-Spire Global Announces Strategic Business Update; Debt To Be Eliminated

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BRIEF-Spire Global Announces Strategic Business Update; Debt To Be Eliminated

Nov 13, 2024 5:41 AM

Nov 13 (Reuters) - Spire Global Inc ( SPIR ):

* SPIRE GLOBAL ANNOUNCES STRATEGIC BUSINESS UPDATE; DEBT TO

ELIMINATED

* SPIRE GLOBAL INC ( SPIR ) - INTENDS TO ELIMINATE DEBT THROUGH SALE

PROCEEDS

* SPIRE GLOBAL INC ( SPIR ): TO SELL ITS MARITIME BUSINESS TO KPLER

FOR

ABOUT $241 MILLION

* SPIRE GLOBAL INC ( SPIR ) - WILL RETAIN ITS SATELLITE NETWORK,

TECHNOLOGY

AND INFRASTRUCTURE

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