NEW YORK, NY / ACCESSWIRE / August 21, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Spire Global, Inc. ("Spire" or the "Company") (NYSE: SPIR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Spire and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On August 14, 2024, Spire issued a press release disclosing that it had "filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (‘SEC') related to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024." The press release stated that "the Company is working diligently to finalize its financial statements and will file its Quarterly Report on Form 10-Q as soon as practicable."
On this news, Spire's stock price fell $3.41 per share, or 33.56%, to close at $6.75 per share on August 15, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP
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