Seraphim Space Investment Trust PLC - London-based investor in space technology - Says investee Spire Global Inc has completed a merger with NavSight Holdings Inc, via a special purpose acquisition company. Notes that shares for the new company, named Spire Global Inc, listed on the New York Stock Exchange on Tuesday. Adds that Seraphim Space LP's shareholding in Spire awaits transfer into Seraphim Space, pending completion of this transaction. Says the transfer is expected by the end of August. Spire Global is a satellite and predictive analytics company based in San Francisco, whilst NavSight is a Virginia, US-based company that provides space-based data and analytics.
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By Scarlett Butler; scarlettbutler@alliancenews.com
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