SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 8th, 2024 • Spire Global, Inc. • Communications services, nec • New York
THIS SECURITIES PURCHASE AGREEMENT (“Agreement”) is made as of February 4, 2024, by and among Spire Global, Inc., a Delaware corporation, with an address at 8000 Towers Crescent Drive Suite 1100 Vienna, Virginia 22182 (the “Company”), and Signal Ocean Ltd, a private limited company incorporated under the laws of England and Wales (the “Investor”).
Spire Global and Signal Ocean Collaborate to Drive Digitalization of the Maritime Economy; Signal Ocean to Make $10 Million Strategic Investment in Spire GlobalSpire Global, Inc. • February 8th, 2024 • Communications services, nec
VIENNA, Va., February 8, 2024 — Spire Global, Inc. (NYSE: SPIR) (“Spire” or the “Company”), a global provider of space-based data, analytics and space services and Signal Ocean, a leader in shipping technology, have agreed to partner to drive digitization of the maritime economy. Under this agreement, Spire and Signal Ocean will partner to leverage their respective strengths. Spire will contribute its unique, proprietary datasets, relevant for precise monitoring of the maritime domain. Signal Ocean will bring its best-in-class expertise in artificial intelligence (AI), machine learning and natural language processing to create new innovative solutions to propel the digitalization of the maritime economy while enhancing global security and transparency in our oceans.
