Red Flags Detected
- Sec Investigation (new) — SEC opened formal investigation into financial restatements, internal controls, material weaknesses, and premature 10-K filing in July 2025.
- Material Weakness (worsened) — Revenue recognition material weakness expanded to include additional control failures (transaction price allocation, uninstalled materials, EPS calculation) and caused restatements through Q1 2024 plus audit adjustments in Q2 2025.
Spire sells maritime unit, repays debt, but SEC probes restatements and controls remain weak
Filed May 14, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 14, 2025 · ~2 min read
5 material changes detected in this filing.
Create a free account to read the full summary — it takes 30 seconds.
Partner
Trade SPIR commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Generated by AI · Jun 1, 2026 4:19 PM