Unterehmen auf Watchlist setzen
Spire Global
ISIN: US8485603067
WKN: A3EQSF
Über
Unternehmensprofil
Tipp: Investor-Alerts aktivieren
Lassen Sie sich bei neuen Publikationen informieren
Tipp: AI-Factsheet

Corporate News meets AI! 
Analyse der Inhalte und Zusammenfassung

Spire Global · ISIN: US8485603067 · Business Wire (ID: 20240816006810)
16 August 2024 07:12PM

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Spire Global, Inc. (SPIR) on Behalf of Investors


Law Offices of Howard G. Smith announces an investigation on behalf of Spire Global, Inc. (“Spire” or the “Company”) (NYSE: SPIR) investors concerning the Company’s possible violations of federal securities laws.

On August 14, 2024, Spire disclosed that it would not file its quarterly report for the second quarter 2024 on time because it “is in the process of reviewing its accounting practices and procedures with respect to revenue recognition related to certain contracts in its ‘Space as a Service’ business.” The Company further disclosed that “the type of Contracts that the Company has identified for re-evaluation resulted in recognized revenue of approximately $10 to $15 million on an annual basis.”

On this news, Spire’s stock price fell $3.41, or 33.6%, to close at $6.75 per share on August 15, 2024, thereby injuring investors.

If you purchased Spire securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Visuelle Wertentwicklung / Kursverlauf · Spire Global
Smarte Analyse- und Recherchewerkzeuge finden Sie hier.
This publication was provided by our content partner Business Wire
BusinessWire
via BusinessWire - Newsfeed
BusinessWire ©2024
BusinessWire
Kontakt:
101 California Street, 20th Floor San Francisco, CA, 94111 United States
+1.415.986.4422