SPIR

Spirit Blockchain Capital Closes Initial Tranche of Private Placement

Retrieved on: 
Thursday, March 28, 2024
Blockchain Capital, Indian stock exchange, Unit, SPIR, Blockchain, SBC, Offering, Security (finance)

Vancouver, March 28, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement (the “Offering”) of units (“Units”) and convertible promissory notes (“Notes”) for aggregate gross proceeds of $550,000.

Key Points: 
  • Vancouver, March 28, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement (the “Offering”) of units (“Units”) and convertible promissory notes (“Notes”) for aggregate gross proceeds of $550,000.
  • Under the initial tranche, SBC issued and sold 2,200,000 Units at a price per Unit of $0.05 per Unit for proceeds of $110,000 and $440,000 principal amount of Notes.
  • Each Unit consists of one common share of SBC (each, a “Common Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each Warrant is exercisable to acquire one Common Share for a period of 24 months at an exercise price of $0.18 per Common Share.

Spirit Blockchain Capital and Vesta Equity Announce Strategic Mutual Investment

Retrieved on: 
Tuesday, March 12, 2024
Blockchain Capital, Partnership, Blockchain, SPIR, Entrepreneurship, Security (finance)

VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), a leader in blockchain and digital asset investments, and Vesta Equity Inc. ("Vesta Equity"), a pioneer in the tokenization of residential equity, jointly announce, that Spirit and Vesta Equity have entered into an agreement for Spirit to make a strategic investment in Vesta Equity. With this investment, Spirit and Vesta Equity intend to collaborate on initiatives focused on innovating the real estate investment sector, enhancing the scope of investment options, and introducing novel opportunities for asset owners and investors.

Key Points: 
  • VANCOUVER, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), a leader in blockchain and digital asset investments, and Vesta Equity Inc. ("Vesta Equity"), a pioneer in the tokenization of residential equity, jointly announce, that Spirit and Vesta Equity have entered into an agreement for Spirit to make a strategic investment in Vesta Equity.
  • With this investment, Spirit and Vesta Equity intend to collaborate on initiatives focused on innovating the real estate investment sector, enhancing the scope of investment options, and introducing novel opportunities for asset owners and investors.
  • Lewis Bateman, CEO of Spirit, articulated his enthusiasm for the partnership, stating, "Our collaboration with Vesta Equity is more than strategic; it's transformative.
  • Under the investment, Spirit will acquire 270,727 common shares of Vesta Equity, which is equal to 2% of its issued and outstanding common shares.

Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace

Retrieved on: 
Wednesday, March 27, 2024
Technology, Professional Services, Landscape, Data Analytics, Agriculture, Natural Resources, Construction & Property, Maritime, Transport, Satellite, Photography, Aerospace, Manufacturing, Software, Environment, Hardware, Data Management, SPIR, Growth, Spire, Hancom, Ship, Aircraft, Air pollution, Spire Global, SpaceX, Government, Korea Aerospace Research Institute, Communications satellite

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.
  • Sejong-1, a Spire satellite carrying an optical payload for Hancom, launched in May 2022 on the SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station.
  • "Collaborating with Hancom on the expansion of their satellite constellation is a testament to the innovative spirit driving advancements in the South Korean space industry,” said Frank Frulio, general manager of Space Services at Spire.
  • “Collaborating with Spire Global underscores our commitment to advancing the capabilities of our satellite constellation.

Spire Global Announces Closing of $30 Million Registered Direct Offering

Retrieved on: 
Monday, March 25, 2024
Professional Services, Data Management, Data Analytics, Satellite, Technology, Aerospace, Manufacturing, SPIR, Madison Avenue, Form, Telephone, Sale, Prospectus, Spire Global, S-3, Security (finance)

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced that it has closed its previously announced registered direct offering of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share, resulting in gross proceeds of approximately $30 million, before deducting placement agent commissions and other offering expenses.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced that it has closed its previously announced registered direct offering of 2,142,858 shares of Class A common stock at a purchase price of $14.00 per share, resulting in gross proceeds of approximately $30 million, before deducting placement agent commissions and other offering expenses.
  • The Company intends to use the net proceeds from the offering for repayment of debt, working capital and general corporate purposes.
  • A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.
  • This offering was made pursuant to an effective shelf registration statement on Form S-3 (File No.

Spire Global Announces Registered Direct Offering of $30 Million

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Data Management, Data Analytics, Satellite, Air, Technology, Transport, SPIR, Madison Avenue, Form, Telephone, Sale, Prospectus, Spire Global, S-3, Security (finance)

The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the offering is expected to occur on or about March 25, 2024, subject to the satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the offering for repayment of debt, working capital and general corporate purposes.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
  • This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No.

Spire Global to Enhance AI-Driven Weather Prediction in Collaboration with NVIDIA

Retrieved on: 
Monday, March 18, 2024
Software, Professional Services, Other Natural Resources, Technology, Natural Resources, Artificial Intelligence, Environment, Data Analytics, Satellite, Natural Disasters, Climate Change, Aerospace, Manufacturing, Cloud, Deep learning, Temperature, Forecasting, Pressure, SPIR, Agriculture, DA, Humidity, ICON, Climate, Aviation, Transport, AI, Insurance, Weather, API, NWP, Data, Spire Global, Soil, NVIDIA, Nvidia Omniverse

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has announced a collaboration with NVIDIA to advance AI-driven weather prediction.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has announced a collaboration with NVIDIA to advance AI-driven weather prediction.
  • Through this collaboration, Spire’s Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities will be integrated with NVIDIA Earth-2 Cloud APIs to leverage AI to accelerate climate and weather predictions.
  • The field of weather prediction is changing rapidly due to advances in AI.
  • “Aligning Spire’s proprietary data and unmatched global weather coverage with NVIDIA’s cutting-edge technology and expertise positions us to markedly elevate the accuracy of weather prediction.

Spire Global Announces Participation in 36th Annual Roth Conference

Retrieved on: 
Monday, March 11, 2024
Satellite, Air, Transport, Technology, Telecommunications, SPIR, Spire Global

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.

Key Points: 

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, today announced its participation in the following upcoming event.

Spirit Blockchain Capital and Troon Technologies Announce Collaboration with Alvara on ERC-7621 Token Standard Development

Retrieved on: 
Monday, March 11, 2024
Blockchain Capital, Ethereum, Partnership, SPIR, ETF, BTS, Decentralized finance, Cryptocurrency

Vancouver, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- In a collaborative effort, Spirit Blockchain Capital (CSE: SPIR), together with its subsidiary Troon Technologies, has partnered with software development firm Alvara to further the development of the ERC-7621 Token Standard, a new initiative aimed at enhancing blockchain-based fund management for institutional clients. This partnership marks a strategic move towards the integration of innovative blockchain solutions within the financial sector.

Key Points: 
  • The ERC-7621 Token Standard is designed to facilitate the creation of on-chain, multi-asset tokenized baskets, offering a new framework for managing investment portfolios.
  • Utilizing the Ethereum blockchain, the ERC-7621 Token Standard aims to bridge the gap between the flexibility of blockchain technology and the needs of traditional investment vehicles.
  • The collaboration between Spirit Blockchain Capital, Troon Technologies, and Alvara is focused on leveraging the technical and operational expertise of each entity to realize the full potential of the ERC-7621 Token Standard.
  • "In collaboration with Alvara, we're focusing on the technical nuances of the ERC-7621 Token Standard to fundamentally transform fund management practices.

Spirit Blockchain Capital Invests in CryptoSlam to Pioneer Development, Tokenization, and Foundation Support

Retrieved on: 
Thursday, March 7, 2024
Blockchain Capital, Blockchain, Growth, SBC, Entrepreneurship, NFT, Ecosystem, SPIR, Partnership, Cryptocurrency

Vancouver, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR), an investment firm in the blockchain and digital asset sectors, is excited to announce its strategic investment in CryptoSlam, the leading aggregator of non-fungible token (NFT) data across multiple blockchain ecosystems. This investment marks a significant move for Spirit Blockchain Capital, as it takes an active role in enhancing CryptoSlam's technical capabilities, exploring innovative tokenization opportunities, and laying the groundwork for CryptoSlam's strategic goals.

Key Points: 
  • With the backing of prominent figures and capital from the tech and blockchain communities, CryptoSlam is well-positioned to continue its trajectory of growth and innovation.
  • Lewis Bateman, CEO of Spirit Blockchain Capital, provided insight into the investment strategy: “By investing in CryptoSlam, we're not just participating in the NFT market's expansion; we're actively shaping it.
  • "Randy Wasinger, Founder and CEO of CryptoSlam, commented on the agreement: 'Working with Spirit Blockchain Capital and leveraging the expertise of Lewis Bateman offers us significant opportunities for growth.
  • For us, having been partners with CryptoSlam, this investment by Spirit Blockchain highlights the importance of collaboration and innovation across the industry.

Spirit Blockchain Capital Inc. Announces Non-Brokered Private Placement

Retrieved on: 
Wednesday, March 6, 2024
Blockchain Capital, SPIR, Indian stock exchange, Unit, Blockchain, Note

VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), is pleased to announce that it intends to raise up to $2,500,000 through a non-brokered private placement (the “Offering”) of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit and up to $2,000,000 total principal amount of $1,000 convertible promissory notes (“Notes”).

Key Points: 
  • VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), is pleased to announce that it intends to raise up to $2,500,000 through a non-brokered private placement (the “Offering”) of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit and up to $2,000,000 total principal amount of $1,000 convertible promissory notes (“Notes”).
  • Each Unit will consist of one common share of Spirit (each, a “Common Share”) and one half of ‎one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each Warrant will be ‎exercisable into one Common Share for a period of 24 months at an exercise price of $0.18 per ‎Common Share.‎
    The Notes will mature three (3) years from the ‎date of issuance (the “Maturity Date”) and bear interest at a rate of 7.5% per annum.
  • The Offering is subject to acceptance by the Canadian Securities Exchange.