---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-081194"
form_type: "8-K"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:32:53.280090+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Spruce Power announces 1-for-8 reverse stock split approved by stockholders

## Summary
- Reverse stock split at 1-for-8 ratio approved at special meeting on October 2, 2023.
- Effective October 6, 2023; split-adjusted trading begins October 9, 2023 under SPRU, new CUSIP 9837FR209.
- Purpose: to comply with NYSE continued listing requirements and attract institutional investors.
- No fractional shares issued; cash paid in lieu based on closing price on effective date.
- Proportional adjustments made to outstanding equity awards and warrants.

## SEC filing metadata
- accession: 0001213900-23-081194
- form_type: 8-K
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000121390023081194/0001213900-23-081194-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000121390023081194/ea186466-8k_sprucepower.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-081194
- JSON: https://secwatch.observer/filing/0001213900-23-081194.json
- Plain text: https://secwatch.observer/filing/0001213900-23-081194.txt

## Key facts
- Governance Changes
  SPRUCE POWER HOLDING CORP: Amendment to Second Amended and Restated Certificate of Incorporation to effect a 1-for-8 reverse stock split (effective 2023-10-06).
  - Change: charter amendment
  - Effective: 2023-10-06
  source text: On October 6, 2023, Spruce Power Holding Corporation (the “Company”), following stockholder approval at the Special Meeting of Stockholders (the “Special Meeting”) held on October 2, 2023, filed an Amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect a 1-for-8 reverse stock split
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000121390023081194/0001213900-23-081194-index.htm
- Shareholder Votes
  SPRUCE POWER HOLDING CORP shareholders approved Approve amendment to Certificate of Incorporation to effect a reverse stock split of Common Stock at a ratio of 1-for-8 at the 2023-10-02 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-10-02
  source text: The proposal to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s outstanding common stock, $0.0001 par value per share (the “Common Stock”), at a ratio of 1-for-8 (the “Reverse Stock Split Proposal”), was approved as follows: Votes For: 79,358,119 Votes Against: 11,015,721 Abstentions: 96,035 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000121390023081194/0001213900-23-081194-index.htm
- Shareholder Votes
  SPRUCE POWER HOLDING CORP shareholders approved Approve adjournment of the Special Meeting to a later date, if necessary, to permit further solicitation and vote of proxies at the 2023-10-02 meeting.
  - Outcome: passed
  - Meeting: 2023-10-02
  source text: The proposal to approve an adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of either of the Reverse Stock Split Proposal was approved as follows: Votes For: 78,775,096 Votes Against: 11,459,755 Abstentions: 235,024 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000121390023081194/0001213900-23-081194-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.