Spruce Power Holding CORP 8-K filings

Spruce Power Holding Corporation has agreed to a $4.75 million settlement to resolve a class action lawsuit related to its merger with XL Fleet Corp.

Spruce Power announced its third quarter 2024 financial results, including a net loss of $53.5 million and a revised full-year Operating EBITDA guidance of $57 to $62 million.

Spruce Power has finalized a settlement in multiple shareholder derivative lawsuits, with the court awarding $1 million in attorney fees.

Spruce Power Holding Corporation held its annual meeting on August 12, 2024, where stockholders voted on the election of directors, ratification of the auditor, and executive compensation.

Spruce Power announced its second quarter 2024 financial results, highlighting $22.5 million in revenue, $14.4 million in Operating EBITDA, and a strong liquidity position of $116.6 million in unrestricted cash.

Spruce Power has successfully closed a $130 million non-recourse debt facility with Barings LLC, refinancing its previous $125 million term loan and injecting additional capital.

Spruce Power has expanded its board to seven members with the appointment of Clara Nagy McBane, following a cooperation agreement with Clayton Capital.

Spruce Power announced its first quarter 2024 financial results, including $18.3 million in revenue and $10.7 million in Operating EBITDA, and appointed Chris Hayes as the new CEO.

Spruce Power has announced a proposed settlement to resolve multiple stockholder derivative lawsuits related to the company's merger with XL Fleet.

Spruce Power Holding Corporation has appointed Christopher Hayes as CEO and President, succeeding Christian Fong, and added Audrey Lee as a new director, effective April 12, 2024.

Spruce Power has appointed Chris Hayes as its new President and CEO, succeeding Christian Fong, and added Dr. Audrey Lee to its Board of Directors.

Spruce Power added approximately 25,000 customer contracts in 2023, achieving nearly 50% year-on-year growth, while also providing positive guidance for 2024 despite a revenue decrease in Q4 2023.

Spruce Power has agreed to a $19.5 million settlement to resolve a class action lawsuit alleging securities violations.