Compliance And Regulatory IssuesSEC filings still delayed, while requiring another financing agreement waiver/amendment, risks are too high to recommend shares.
Financial Reporting And AgreementsThe company has still not filed its 2Q24 10-Q, placing it in violation of its previously amended Blue Torch financing agreement.
Leadership ChangesLeo Basola, Spire’s Chief Financial Officer, has notified the company of his intent to step down from his role upon completion of the audit process and restatement of prior period company financial statements.