Spruce Power Holding CORP
Market Movers (8-K)
NYSE
Spruce Power Holding Corporation announced the appointment of Bobby L. Owens as General Counsel and the effective termination of Chief Legal Officer Jonathan Norling.
NYSE
Spruce Power Holding Corporation announced the immediate resignation of director Ja-chin Audrey Lee effective June 17, 2026.
NYSE
Spruce Power Holding Corporation reported strong first quarter 2026 results, with Operating EBITDA increasing by 49% year-over-year, driven by significant cost reductions and positive adjusted cash generation.
NYSE
Spruce Power Holding Corporation has announced a further extension for shareholders to submit proposals or director nominations for the 2026 annual meeting.
Delay expected
NYSE
Spruce Power Holding Corporation announced an extension for shareholders to submit proposals and director nominations for its 2026 annual meeting until April 3, 2026.
NYSE
Spruce Power Holding Corporation officially appoints Thomas Cimino as its Chief Financial Officer, transitioning him from his interim role.
Quarterly Earnings (10-Q)
NYSE
Spruce Power Holding Corporation reported a net loss of $2.9 million for Q1 2026, an improvement from the prior year's $15.3 million loss, driven by significant cost reductions in operations and maintenance and SG&A, despite a slight revenue decrease.
Worse than expected
NYSE
Spruce Power Holding Corporation reported a significant 44% increase in Q3 2025 revenues and a substantial reduction in net loss, despite ongoing liquidity concerns related to debt maturity.
Better than expected
Capital raise
NYSE
Spruce Power Holding Corporation reported a significant 48% increase in Q2 2025 revenues to $33.2 million, driven by recent acquisitions and SREC sales, despite facing a material weakness in internal controls and a critical debt refinancing deadline.
Capital raise
Worse than expected
NYSE
Spruce Power's Q1 2025 results show increased revenue but a larger net loss, influenced by hedging portfolio fluctuations and a material weakness in internal control over financial reporting.
Worse than expected
NYSE
Spruce Power reported a net loss of $53.5 million for Q3 2024, impacted by a significant goodwill impairment charge and decreased revenues.
Worse than expected
NYSE
10-Q: Spruce Power Reports Mixed Q2 2024 Results Amidst Leadership Transition and Debt Restructuring
Spruce Power's Q2 2024 results show a slight revenue decrease and a net loss, alongside a CEO transition and debt refinancing.
Worse than expected
Annual Reports (10-K)
NYSE
Spruce Power Holding Corporation has filed an amendment to its 2025 10-K, primarily to update auditor consents and correct exhibit references.
Worse than expected
NYSE
Spruce Power Holding Corporation filed an amendment to its 2025 Annual Report to provide previously omitted director and executive compensation information.
Delay expected
NYSE
Spruce Power Holding Corporation filed an amendment to its 2025 10-K, primarily to correct an auditor report date and include an omitted consent.
Worse than expected
NYSE
Spruce Power Holding Corporation reported a significant reduction in net losses for 2025, driven by revenue growth and operational efficiencies, but faces substantial doubt about its ability to continue as a going concern due to debt maturities.
Delay expected
Better than expected
Capital raise
NYSE
Spruce Power's 2024 10-K filing reveals a year of strategic acquisitions and operational improvements amidst financial challenges and regulatory scrutiny.
Worse than expected
NYSE
Spruce Power Holding Corporation filed an amendment to its annual report to include previously omitted information regarding directors, executive officers, compensation, and corporate governance.
Worse than expected
Insider Trading (Form 4)
NYSE
Jonathan Norling, Chief Legal Officer of Spruce Power Holding Corp, reported a sale of 15,000 common shares.
NYSE
Chief Legal Officer Jonathan Norling disposed of 18,669 shares of Spruce Power common stock to satisfy tax obligations related to RSU vesting.
NYSE
SPRUCE POWER HOLDING CORP Director Shawn W. Kravetz received 187,500 restricted stock units, vesting over one to three years.
NYSE
Steel Partners Holdings L.P. acquired 24,335 additional shares of Spruce Power Holding Corp at an average price of $4.1264.
NYSE
Steel Partners Holdings L.P. reported the acquisition of 14,244 additional shares of Spruce Power Holding Corp through its subsidiary, Steel Connect Sub LLC.
NYSE
Steel Partners Holdings L.P. and affiliated entities have reported multiple transactions involving the acquisition of Spruce Power Holding Corp. common stock.
Proxy Statements (Def-14A)
NYSE
Spruce Power Holding Corporation will hold its 2025 annual meeting of stockholders virtually on June 24, 2025, to elect directors, approve executive compensation, and ratify the appointment of its independent accounting firm.
NYSE
Spruce Power Holding Corporation has filed an amended proxy statement regarding its 2024 annual meeting of stockholders to correct certain information from the original filing.
NYSE
Spruce Power Holding Corporation has filed definitive additional materials related to its proxy statement with the SEC.
NYSE
Spruce Power Holding Corporation will hold its 2024 annual meeting of stockholders virtually on August 12, 2024, to elect directors, ratify the appointment of Deloitte & Touche LLP as its independent accounting firm, and conduct an advisory vote on executive compensation.
Schedule 13D - Activist Investments
NYSE
Steel Partners Holdings L.P. filed an amendment to its Schedule 13D disclosing the nomination of Jack L. Howard to the Spruce Power Holding Corp Board of Directors.
NYSE
Steel Partners Holdings L.P. and its affiliates have increased their beneficial ownership in Spruce Power Holding Corp. to 17.9% through recent share purchases.
NYSE
Steel Partners Holdings L.P. and its affiliates have increased their beneficial ownership in Spruce Power Holding Corp. to 16.9% of outstanding common stock.
NYSE
Steel Partners Holdings L.P. and its affiliates have increased their beneficial ownership in Spruce Power Holding Corp. to 15.8% through recent open market purchases.
NYSE
Steel Partners Holdings L.P. and its affiliates have significantly increased their beneficial ownership in Spruce Power Holding Corp. to 14.0%, citing undervaluation.
Better than expected