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Spire Global Inc Investors: Company Investigated by the Portnoy Law Firm
SpireSpire(US:SR) GlobeNewswire News Roomยท2024-08-14 23:57

Core Viewpoint - Spire Global Inc is under investigation for possible securities fraud following a significant drop in its stock price after announcing a delay in its 10-Q filing [1][3]. Group 1: Company Performance - On August 14, 2024, Spire's shares fell by 17% after the company notified the SEC about the late filing of its 10-Q for the quarter ended June 30 [3]. - The company also announced that it would reschedule its 2Q results conference call, with the timing to be confirmed once the filing date is established [3]. Group 2: Legal Actions - The Portnoy Law Firm has initiated an investigation into Spire Global Inc and may file a class action on behalf of investors who have incurred losses [1]. - Investors are encouraged to contact the law firm for a complimentary case evaluation and to discuss their legal rights regarding potential claims [2][4].