0001772720false00017727202024-08-082024-08-15

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 15, 2024
Spruce Power Holding Corporation
(Exact name of registrant as specified in its charter)
Delaware001-3897183-4109918
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
2000 S Colorado Blvd, Suite 2-825,
Denver, Colorado
80222
(Address of principal executive offices)(Zip Code)
(866) 777-8235
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)
Name of each exchange
on which registered
Common Stock, par value $0.0001 per shareSPRUNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 8.01. Other Events

Spruce Power Holding Corporation (the “Company”) has previously reported that, on May 1, 2024, the United States District Court for the District of Massachusetts (the “Massachusetts Court”), granted preliminary approval of the settlement of the following shareholder derivative actions: (i) Kay v. Frodl, et al., Case No. 22-cv-10977, pending in the Massachusetts Court; (ii) In re Spruce Power Holding Corp. S'holder Derivative Litig., Case No. 1:23-cv-00289-MN, pending in the United States District Court for the District of Delaware; and (iii) Sham Lakhani, shareholder to a shareholder litigation demand made on the Board of Directors of the Company, and that on August 8, 2024, the Massachusetts Court approved the proposed settlement.On August 15, 2024, the Massachusetts Court awarded attorney fees of $1,000,000.



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
SPRUCE POWER HOLDING CORPORATION
Date: August 20, 2024
By:/s/ Jonathan M. Norling
Name:Jonathan M. Norling
Title:Chief Legal Officer

v3.24.2.u1
Cover
Aug. 15, 2024
Cover [Abstract]  
Entity Central Index Key 0001772720
Amendment Flag false
Document Type 8-K
Document Period End Date Aug. 15, 2024
Entity Registrant Name Spruce Power Holding Corporation
Entity Incorporation, State or Country Code DE
Entity File Number 001-38971
Entity Tax Identification Number 83-4109918
Entity Address, Address Line One 2000 S Colorado Blvd, Suite 2-825
Entity Address, City or Town Denver
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80222
City Area Code (866)
Local Phone Number 777-8235
Written Communications false
Soliciting Material true
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.0001 per share
Trading Symbol SPRU
Security Exchange Name NYSE
Entity Emerging Growth Company false
Spruce Power (NYSE:SPRU)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Spruce Power Charts.
Spruce Power (NYSE:SPRU)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Spruce Power Charts.