Kaskela Law LLC Announces Investigation of Spire Global, Inc. (SPIR) and Encourages Former Spire Global Employees to Contact the Firm
July 15, 2024 8:00 AM EDT | Source: Kaskela Law LLC
Philadelphia, Pennsylvania--(Newsfile Corp. - July 15, 2024) - Kaskela Law LLC announces that it is investigating Spire Global, Inc. (NYSE: SPIR) on behalf of the company's former employees.
On August 13, 2021, NavSight Holdings Inc. ("NavSight"), a publicly traded special purpose acquisition ("SPAC") company, announced that NavSight's stockholders had approved of an acquisition of privately held Spire Global ("Legacy Spire"). NavSight also announced that, upon the closing of the acquisition, the combined company would be renamed Spire Global, Inc. and its common stock would start trading under ticker symbol NYSE: SPIR.
In connection with the closing of the acquisition, many of Legacy Spire's executives and employees had their previously held shares/stock options of privately held Legacy Spire converted into shares of publicly traded Spire Global (NYSE: SPIR). The investigation seeks to determine whether this share conversion was done in a fair manner and in accordance with the securities laws, or whether former Legacy Spire shareholders were financially harmed in connection with the conversion.
Former Legacy Spire Global employees who had their shares/stock options of privately held Legacy Spire Global converted into publicly traded shares of Spire Global (NYSE: SPIR) are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 - 0750 or (888) 715 - 1740, or by clicking on the following link (or if necessary, by copying and pasting the link into your browser):
https://kaskelalaw.com/case/spire-global-inc/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
(skaskela@kaskelalaw.com)
Adrienne Bell, Esq.
(abell@kaskelalaw.com)
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 - 1740
(484) 229 - 0750
www.kaskelalaw.com
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