Annual report pursuant to Section 13 and 15(d)

Reverse Recapitalization (Tables)

v3.22.1
Reverse Recapitalization (Tables)
12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Summary of Number of Shares of Common Stock Issued The number of shares of Common Stock issued immediately following the Closing was:

 

 

 

Number of Shares

 

Old Spire Common Stock (excluding Founders)

 

 

6,405,302

 

Old Spire Convertible Preferred Stock

 

 

42,873,636

 

Old Spire Convertible Notes

 

 

37,034,620

 

Old Spire Warrants (excluding EIB warrants)

 

 

672,355

 

Total Class A common shares to Old Spire stockholders (excluding Founders)

 

 

86,985,913

 

New Spire Class A Common Stock issued to Old Spire Founders

 

 

12,058,614

 

New Spire Class A Common Stock issued to PIPE Investors

 

 

24,500,000

 

New Spire Class A Common Stock held by public stockholders

 

 

1,979,515

 

New Spire Class A Common Stock issued to FP Lenders

 

 

2,468,492

 

New Spire Class A Common Stock resulting from conversion of NavSight Class B Common Stock

 

 

5,750,000

 

Total Shares of New Spire Class A Common Stock

 

 

133,742,534

 

New Spire Class B Common Stock issued to Old Spire Founders

 

 

12,058,614

 

Total Shares of New Spire Common Stock

 

 

145,801,148