Filing Pursuant to Rule 425
Under the Securities Act Of 1933, as amended
And deemed Filed Pursuant To Rule 14(a)-6
of the Securities Exchange Act Of 1934, as amended
Filer: NavSight Holdings, Inc.
Commission File No. 001-39493
Subject Company: NavSight Holdings, Inc.
This filing relates to the proposed merger involving NavSight Holdings, Inc. with Spire Global, Inc. pursuant to the terms of that certain Business
Combination Agreement, dated as of February 28, 2021, by and among NavSight Holdings, Inc. (NavSight), NavSight Merger Sub Inc. and Spire Global, Inc. (Spire).
Businesswire
Spire Providing Arctic Intelligence
Accessible data drives insight for commercial, civic, governmental projects in difficult, emerging region
May 11, 2021 07:00 AM Eastern Daylight Time
SAN
FRANCISCO & RESTON, Va.(BUSINESS WIRE)As new trade routes begin to emerge and competition intensifies in the Arctic, Spire is providing data to inform decisions on critical issues around climate change, navigation, and
transportation within the region through its comprehensive data and weather forecasting services.
Research shows that Arctic warming is resulting in
shrinking sea ice and changing ocean circulation and weather patterns. These changes are creating new issues that affect governments and businesses in the region and globally.
Spires earth intelligence capabilities can help support the study and understanding of various key indicators of climate change and its impacts in the
Arctic and Antarctic regions. Specifically, Spire is able to provide radio occultation (RO) data in the polar regions, collecting measurements down to the surface due to the low humidity in the regions and Spires broad-scale satellite
coverage. This set of near surface temperature measurements enhances Arctic and Antarctic weather forecasts, which Spire believes allows for a more comprehensive understanding of the regions than could be traditionally achieved by non-space based measurements.
Spires global weather forecast platform offers data on wind, wave height, and
maritime waves, and within the polar regions, Spire measures the extent, classification, and age of sea ice, and can distinguish sea ice from open water. This enables Spire to map sea ice coverage and delineate the marginal ice zone (MIZ), a
transitional region between open sea and dense drift ice. This information can be used to inform navigation plans that avoid sea ice, which Spire expects may become increasingly important as governments and companies in the private sector begin to
consider the Arctic as a more viable transit route.