Spire Global ( (SPIR) ) has issued an announcement.
Spire Global, Inc. has announced that its Compensation Committee approved one-time cash recognition bonuses for executives Peter Platzer and Leonardo Basola, contingent on the successful sale of its maritime business to Kpler Holding SA. This strategic move is expected to impact the company’s operational focus, with bonuses dependent on the closing of the sale by December 31, 2025, emphasizing the importance of the transaction’s completion for both the executives and the company’s future direction.
More about Spire Global
Spire Global, Inc. operates in the data and analytics industry, providing services that focus on global data solutions through its satellite-based technology. The company serves various sectors, including maritime, aviation, and weather, offering critical insights and data services to enhance decision-making processes.
YTD Price Performance: 72.76%
Average Trading Volume: 280,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $348.9M
For an in-depth examination of SPIR stock, go to TipRanks’ Stock Analysis page.