Spire Global Faces Accounting Setback as PwC Resigns Amid Delayed Quarterly Report Filing

Reuters
07-22
Spire Global Faces Accounting Setback as PwC Resigns Amid Delayed Quarterly Report Filing

Spire Global Inc. has announced a change in its certifying accountant, as PricewaterhouseCoopers LLP (PwC) has resigned as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025. The resignation will take effect following the filing of Spire Global's Quarterly Report on Form 10-Q for the quarter ending June 30, 2025. The company has faced delays in finalizing its condensed consolidated financial statements due to additional accounting activities, including the sale of its maritime business to Kpler Holding SA. Consequently, Spire Global does not expect to meet the filing deadline or the extended period permitted under Rule 12b-25. During previous fiscal years, there were no disagreements between Spire Global and PwC on accounting matters, though PwC's audit reports did express substantial doubt about the company's ability to continue as a going concern.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spire Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-097234), on July 21, 2025, and is solely responsible for the information contained therein.

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