424B3
Prospectus
✓ VerifiedAn arbitral tribunal issued a Final Award of approximately $12.4 million in favor of Spire Global, dismissing all of NorthStar's claims that had sought $45.9 million in damages.
Filed Aug 5, 2026 · 16:43 ET
Summary
- On July 31, 2026, the International Court of Arbitration of the ICC issued a Final Award of approximately $12.4 million in favor of Spire Global.
- NorthStar Earth & Space, Inc. had sought damages of $45.9 million based on alleged breach of contract, willful misconduct, and fraudulent misrepresentation under a Framework Agreement entered into on March 1, 2022.
- The tribunal dismissed all of NorthStar's claims, including allegations of fraudulent misrepresentation and breach of the Space Services contract.
- The tribunal granted Legacy Spire's counterclaim on a promissory note issued by NorthStar in the principal amount of $4.5 million, plus counterclaims for costs from an interlocutory injunction and arbitration costs.
- The total payment of approximately $12.4 million owed by NorthStar is immediately due and payable, though the Company cannot predict the timing or amount of any recovery.
- This prospectus supplement registers 3,162,500 shares of Class A common stock, which traded at $12.28 per share on NYSE on August 3, 2026.
Key facts
- Final Award amount
- approximately $12.4 million
From the filing for Final Award amount
“the arbitral tribunal issued a Final Award in the amount of approximately $12.4 million in favor of Spire Global, Inc.”
- NorthStar damages sought
- $45.9 million
From the filing for NorthStar damages sought
“NorthStar’s claims, as most recently amended, sought damages of $45.9 million”
- Award date
- July 31, 2026
From the filing for Award date
“On July 31, 2026, the arbitral tribunal issued a Final Award”
- Promissory note principal
- $4.5 million
From the filing for Promissory note principal
“a promissory note issued by NorthStar in the principal amount of $4.5 million”
- Framework Agreement date
- March 1, 2022
From the filing for Framework Agreement date
“alleged breaches of a Space Services contract entered into on March 1, 2022”
- Shares registered
- 3,162,500 Shares
From the filing for Shares registered
“3,162,500 Shares of Class A Common Stock”
- Share price
- $12.28 per share
From the filing for Share price
“the last quoted sale price for our Class A common stock as reported on NYSE was $12.28 per share”
- Arbitration initiated
- September 20, 2024
From the filing for Arbitration initiated
“on September 20, 2024, NorthStar Earth & Space, Inc. (“NorthStar”), a Space Services customer, initiated arbitration”
Why it mattersThe Final Award resolves the NorthStar arbitration in Spire's favor, with all claims against Legacy Spire dismissed and approximately $12.4 million now due and payable to the Company.
- Filed
- Aug 5, 2026
- Accepted
- 2026-08-05 20:43Z
- Accession no.
- 0001193125-26-335325
- Size
- 56 KB
- Index
- Filing index