Spire Global, Inc 8-K, filed Sep 10, 2020
Spire Global, Inc. (SPIR)
About this 8-K
Spire Global, Inc filed this 8-K on September 10, 2020, reporting on events of September 9, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 9, 2020
NAVSIGHT HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
001-39493 |
85-1276957 |
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(State or other jurisdiction |
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(IRS Employer |
12020 Sunrise Valley Drive
Suite 100
Reston, Virginia 20191
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (571) 500-2236
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading Symbols |
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Name of Each Exchange on |
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Units, each consisting of one share of Class A Common Stock and one-half of one Warrant |
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NSH.U |
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The New York Stock Exchange |
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Class A Common Stock, par value $0.0001 per share |
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NSH |
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The New York Stock Exchange |
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Warrants, each whole Warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
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NSH WS |
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The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☑
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On September 9, 2020, NavSight Holdings, Inc. (the “Company”) issued a press release announcing the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit, a copy of which is attached as Exhibit 99.1 hereto. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
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Description |
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99.1 |
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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NAVSIGHT HOLDINGS, INC. |
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By: |
/s/ Jack Pearlsetin |
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Name: |
Jack Pearlstein |
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Title: |
Chief Financial Officer |
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Dated: September 10, 2020 |
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
NavSight Holdings, Inc. Announces Pricing of
$200,000,000 Initial Public Offering
New York, NY, September 9, 2020 — NavSight Holdings, Inc. (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “NSH.U” beginning September 10, 2020. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the New York Stock Exchange under the symbols “NSH” and “NSH WS,” respectively.
Credit Suisse Securities (USA) LLC is acting as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus. When available, copies of the prospectus related to this offering may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, Telephone: 1-800-221-1037, Email: usa.prospectus@credit-suisse.com.
A registration statement relating to the securities has been declared effective by the Securities and Exchange Commission (the “SEC”) on September 9, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About NavSight Holdings, Inc.
NavSight Holdings, Inc. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination target in any business or industry, it intends to focus its search on identifying a prospective target business that provides expertise and technology to U.S. government customers in support of their national security, intelligence and defense missions.
Forward Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
Jack Pearlstein
jack@navsight.com
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