TUPPER LAKE, NY — Multi-sensor satellite-fleet operator Spire Global is sticking with earlier forecasts that it will report positive free cash flow by mid-2024 and positive adjusted EBITDA early next year.
To bolster its appeal to investors and maintain its listing on the New York Stock Exchange, Spire plans a reverse stock split in the coming weeks, consolidating its publicly traded stock into a smaller number of shares to bring per-share value well above the $1 minimum.
In an Aug. 9 investor . . .
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