Welcome to our dedicated page for SPRUCE POWER HOLDING SEC filings (Ticker: SPRU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Spruce Power Holding Corporation filings document the company’s public-company disclosures as an owner and operator of distributed residential solar assets. Form 8-K reports cover operating results, financial condition, material events, material agreements, capital-structure matters, and governance updates for its NYSE-listed common stock.
The filing record includes disclosures on quarterly results, shareholder proposal and director nomination notice procedures, operational streamlining costs, and amendments related to residential solar portfolio acquisition records. These documents also address security registration details, board-approved actions, pro forma financial information, and other event-driven reporting tied to Spruce Power’s solar asset and customer-contract portfolio.
Spruce Power Holding Corp. (SPRU) has an amended Schedule 13D showing that affiliates of Steel Partners, through Steel Connect Sub LLC, beneficially own 2,865,612 shares of Spruce Power common stock. This represents approximately 15.8% of the 18,168,863 shares outstanding as of November 5, 2025, indicating a significant minority stake.
Steel Connect Sub acquired these shares for an aggregate purchase price of about $9,515,812 in cash, while individual investor Jack L. Howard directly owns 50,000 shares for about $80,010, or roughly 0.3% of the company. Steel Partners entities are reported to share voting and dispositive power over the Steel Connect Sub position, while Mr. Howard has sole voting and dispositive power over his shares. All reported transactions in the stock were executed in the open market.
Spruce Power Holding Corp. (SPRU) received a new insider ownership update as a group of related Steel Partners entities reported open-market purchases of common stock through Steel Connect Sub LLC. On 11/20/2025, 69,375 shares were purchased at $4.9652 per share, followed by 17,688 shares at $4.9467 on 11/21/2025. On 11/24/2025, the group reported two additional purchases of 6,688 shares at $3.8819 and 114,700 shares at $4.6667.
After these trades, Steel Connect Sub LLC is shown as indirectly holding 2,865,612 SPRU common shares. The reporting entities, including Steel Partners Holdings L.P. and several affiliated companies, state they may be deemed part of a group that collectively owns more than 10% of Spruce Power’s outstanding common stock and they each disclaim beneficial ownership beyond their pecuniary interest.
Spruce Power Holding Corp. (SPRU) reported insider purchases by a group of related entities tied to Steel Partners. Through Steel Connect Sub LLC, the group acquired 5,000 shares of common stock at $5.00 on 11/17/2025 and 64,658 shares at $4.5657 on 11/19/2025. After these transactions, Steel Connect Sub LLC indirectly held 2,657,161 shares of Spruce Power common stock.
The reporting persons, including Steel Partners Holdings L.P. and several affiliated entities, are listed as directors and members of a group that collectively owns more than 10% of Spruce Power’s outstanding common stock. Each reporting person states that they disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.
Spruce Power Holding Corp (SPRU): Steel Partners–affiliated reporting persons disclosed open‑market purchases of common stock indirectly through Steel Connect Sub LLC. The purchases were 405,998 shares at $3.037 on 11/11/2025; 586,151 shares at $4.2984 on 11/12/2025; 102,948 shares at $4.9894 on 11/13/2025; and 52,454 shares at $4.9997 on 11/14/2025. Following these transactions, indirect beneficial ownership stood at 2,587,503 shares.
The filing was made jointly by Steel Partners Holdings L.P. and related entities. The reporting persons are indicated as Director and 10% Owner.
Spruce Power Holding Corp. (SPRU) received a Form 3 initial ownership filing showing 1,845,950 shares of common stock beneficially owned indirectly by Steel Connect Sub LLC. The filing was made jointly by affiliated entities, including Steel Partners Holdings L.P., Steel Partners Holdings GP Inc., SPH Group LLC, SPH Group Holdings LLC, Steel Excel Inc., and Steel Connect LLC, with the Reporting Persons indicating Director and 10% Owner status.
The group states it may be deemed a Section 13(d) group that collectively owns more than 10% of outstanding shares and disclaims beneficial ownership except to the extent of pecuniary interest. Event date: 11/11/2025.
Spruce Power Holding Corp. (SPRU): Schedule 13D filed by Steel Partners–affiliated entities. The group reports beneficial ownership of 2,535,049 shares of common stock, equal to 14.0% of shares outstanding, based on 18,168,863 shares outstanding as of November 5, 2025. An additional 50,000 shares are owned directly by Jack L. Howard.
The filing states the purchases were made because the shares were viewed as undervalued. Steel Connect Sub acquired its stake for approximately $7,934,143, and Mr. Howard’s shares were purchased for approximately $80,010, including brokerage commissions. The group indicates it may buy or sell shares, engage in discussions with management and the Board, or consider other transactions, while noting no present plans under Item 4(a)–(j). The parties entered a Joint Filing Agreement.
Spruce Power Holding Corporation reported stronger operating results for the quarter ended September 30, 2025. Revenue rose to $30.7 million from $21.4 million a year ago, and income from operations improved to $8.5 million from a prior loss. Net loss attributable to stockholders narrowed to $0.9 million from $53.5 million in the prior-year quarter as depreciation, operating costs, and litigation expenses eased.
Liquidity remains tight due to non-recourse debt timing. Current non-recourse debt increased to $218.5 million with the SP1 Facility maturing on April 30, 2026. The company disclosed that these conditions raise substantial doubt about its ability to continue as a going concern, while noting plans to refinance and term sheets under review. Cash and cash equivalents were $53.6 million and restricted cash $45.1 million. For the nine months, operating cash flow was near break-even at $(0.2) million. The company continued integrating the NJR acquisitions, adding systems for about $4.8 million year-to-date.
Spruce Power Holding Corporation furnished an Item 2.02 Form 8-K announcing results for the third quarter ended September 30, 2025. The company reported these results via a press release incorporated by reference as Exhibit 99.1.
The furnished materials are not deemed filed for purposes of Section 18 of the Exchange Act and are not incorporated into other filings unless specifically referenced. Exhibit 99.1 is the press release dated November 10, 2025.
Spruce Power Holding Corporation approved a plan to streamline operations through a reduction in force. The company expects these actions, including staff cuts, to generate approximately $20 million in annualized cost savings once fully implemented.
The reduction affects about 40 employees and contractors, or roughly 19% of the workforce, who were notified on September 24, 2025. Spruce Power estimates it will incur around $1 million of charges, mainly for severance and related cash costs, with most of these recognized in the third quarter of 2025.
Jonathan M. Norling, Chief Legal Officer of Spruce Power Holding Corp (SPRU), reported a Form 4 disclosing a transaction on 09/09/2025. The filing shows 5,899 shares of common stock were disposed of at a price of $1.59 per share. After the transaction, the reporting person beneficially owned 435,517 shares. The filing explains the 5,899 shares were withheld to satisfy the reporting person's tax withholding obligations related to the vesting of previously reported restricted stock units (RSUs). The applicable RSUs were originally reported on the Form 3 filed April 3, 2023.