Stockholder Notice: Robbins LLP Informs Stockholders of the Class Action Filed Against Spire Global, Inc.

Group 1 - A class action has been filed against Spire Global, Inc. on behalf of shareholders who purchased securities between March 6, 2024, and August 14, 2024 [1] - The allegations include misleading investors regarding revenue recognition related to Space Services contracts, specifically failing to disclose embedded leases and ineffective internal controls [2] - On August 14, 2024, Spire Global announced it would not timely file its Q2 2024 financial report due to a review of its accounting practices, revealing that recognized revenue from certain contracts was between $10 million and $15 million annually [3] Group 2 - Following the announcement, Spire Global's share price dropped by $3.41, or 33.56%, closing at $6.75 per share on August 15, 2024 [3] - Shareholders interested in serving as lead plaintiffs must submit their applications by October 21, 2024, and can remain absent class members if they choose not to participate [4] - Robbins LLP, the law firm handling the case, has a history of recovering over $1 billion for shareholders since its inception in 2002 [5]