STOCK TITAN

Spire Global (NYSE: SPIR) registers 3,162,500 shares; Canada contract terminated

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

Spire Global, Inc. files a prospectus supplement updating its S-1 registration to include a Current Report on Form 8-K that discloses a termination for convenience of a Canada contract. The supplement registers 3,162,500 shares of Class A common stock.

The 8-K states that on April 23, 2026 Spire Global Canada Subsidiary Corp. received notice that the WildFireSat development contract with PWGS was terminated for convenience; the contract had an aggregate value of Can$71.8 million including harmonized sales tax. The subsidiary may submit a settlement proposal no later than May 7, 2026.

Positive

  • None.

Negative

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Insights

Termination removes a potential contract revenue stream but settlement outcomes drive the financial effect.

The filing discloses a Can$71.8 million contract that was terminated for convenience on April 23, 2026. The notice allows submission of a settlement proposal by May 7, 2026, which will determine recoverable costs.

Financial impact depends on settlement receipts and any previously recognized revenue or costs; subsequent filings should state realized settlement amounts and accounting treatment.

The prospectus supplement registers 3,162,500 Class A shares as part of the S-1 offering process.

The cover states 3,162,500 shares of Class A Common Stock are being registered and references the Prospectus dated April 21, 2026. The supplement incorporates the Form 8-K.

Investors should note the supplement updates the offering record; pricing context in the supplement references a last sale price of $15.81 on April 29, 2026.

Shares registered 3,162,500 shares Prospectus supplement to S-1
Last quoted sale price $15.81 NY<date>SE</date> reported price on <date>April 29, 2026</date>
Terminated contract value Can$71.8 million WildFireSat contract value including harmonized sales tax
Contract termination date April 23, 2026 Date PWGS termination notice received
Settlement proposal deadline May 7, 2026 Latest date to submit settlement proposal under PWGS Procedures Information Guide
prospectus supplement regulatory
"This prospectus supplement amends and supplements the prospectus dated April 21, 2026"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
termination for convenience legal
"received a written notice terminating for convenience, effective immediately"
harmonized sales tax tax
"aggregate value of Can$71.8 million, including harmonized sales tax"
Procedures Information Guide procurement
"in accordance with the Procedures Information Guide provided by PWGS"
Form 8-K regulatory
"we have attached the Current Report to this prospectus supplement"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
Offering Type primary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does Spire Global's prospectus supplement register (SPIR)?

It registers 3,162,500 shares of Class A common stock for offering as stated on the supplement cover. The supplement amends the S-1 prospectus dated April 21, 2026 and incorporates a Current Report on Form 8-K.

What contract termination did Spire disclose in the Form 8-K?

Spire disclosed termination for convenience of the WildFireSat contract with PWGS on April 23, 2026. The contract had an aggregate value of Can$71.8 million, including harmonized sales tax.

Can Spire seek compensation after the contract termination?

Yes. The subsidiary may submit a settlement proposal to PWGS no later than May 7, 2026. The filing states settlement will follow the Procedures Information Guide provided by PWGS.

What market price information does the supplement provide for SPIR?

The supplement reports a last quoted sale price of $15.81 per share on the NYSE for April 29, 2026. This is presented as a market reference point in the cover text.

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-286800

 

PROSPECTUS SUPPLEMENT NO. 1

(to Prospectus dated April 21, 2026)

SPIRE GLOBAL, INC.

3,162,500 Shares of Class A Common Stock

 

This prospectus supplement amends and supplements the prospectus dated April 21, 2026 (as supplemented or amended from time to time, the “Prospectus”), which forms a part of our Registration Statement on Form S-1 (No. 333-286800).

 

This prospectus supplement is being filed to update and supplement the information in the Prospectus with the information contained in our Current Report on Form 8-K, filed with the Securities and Exchange Commission on April 24, 2026 (the “Current Report”). Accordingly, we have attached the Current Report to this prospectus supplement.

 

This prospectus supplement updates and supplements the information in the Prospectus and is not complete without, and may not be delivered or utilized except in combination with, the Prospectus, including any amendments or supplements thereto. This prospectus supplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectus and this prospectus supplement, you should rely on the information in this prospectus supplement.

Our Class A common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “SPIR.” On April 29, 2026, the last quoted sale price for our Class A common stock as reported on NYSE was $15.81 per share.

Investing in our securities involves a high degree of risk. Before buying any securities, you should carefully read the discussion of the risks of investing in our securities in the section titled “Risk Factors” beginning on page 5 of the Prospectus.

You should rely only on the information contained in the Prospectus, this prospectus supplement and any other prospectus supplement or amendment hereto. We have not authorized anyone to provide you with different information.

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

The date of this prospectus is May 1, 2026


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 23, 2026

SPIRE GLOBAL, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-39493

85-1276957

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

8000 Towers Crescent Drive

Suite 1100

Vienna, Virginia

22182

(Address of principal executive offices)

(Zip code)

Registrant’s telephone number, including area code: (202) 301-5127

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class

Trading
Symbol(s)


Name of each exchange on which registered

Class A common stock, par value of $0.0001 per share

SPIR

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 1.02 Termination of a Material Definitive Agreement.

On April 23, 2026, Spire Global Canada Subsidiary Corp. (the “Company”), a wholly owned subsidiary of Spire Global, Inc., received a written notice terminating for convenience, effective immediately, the contract with His Majesty the King in right of Canada, as represented by the Minister of Public Works and Government Services (“PWGS”), pursuant to which the Company agreed to design and develop the WildFireSat constellation of satellites to monitor wildfires in Canada for the Canadian Space Agency. If all contractual milestones had been achieved, the contract would have had an aggregate value of Can$71.8 million, including harmonized sales tax. No later than May 7, 2026, the Company may submit a settlement proposal with respect to costs arising from the termination of the contract in accordance with the Procedures Information Guide provided by PWGS.

The foregoing description of the contract does not purport to be complete and is qualified in its entirety by reference to the full text of the contract, a copy of which was included as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 7, 2025 and is incorporated by reference herein.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


SPIRE GLOBAL, INC.

Date:

April 24, 2026

By:

/s/ Theresa Condor

Name:

Title:

Theresa Condor

President and Chief Executive Officer