---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-029464"
form_type: "8-K"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:32:05.391645+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Spruce Power appoints new director, resolves activist situations with Clayton and Esplanade

## Summary
- Appointed Clara Nagy McBane as independent Class B director; board expands to seven members.
- McBane is founder and CEO of Ventura Energy, with 13 years of renewables experience.
- Cooperation Agreement with Clayton includes voting alignment, standstill, and 14.9% ownership cap.
- Agreement extends through 2025 annual meeting; Clayton will vote with board recommendation.
- Activist Esplanade Capital withdrew its director nominations and business proposal for 2024 meeting.

## SEC filing metadata
- accession: 0001628280-24-029464
- form_type: 8-K
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828024029464/0001628280-24-029464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828024029464/spru-20240621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-029464
- JSON: https://secwatch.observer/filing/0001628280-24-029464.json
- Plain text: https://secwatch.observer/filing/0001628280-24-029464.txt

## Key facts
- Executive change
  Clara Nagy McBane was appointed as Director at SPRUCE POWER HOLDING CORP.
  - Action: appointed
  - Role: Director
  source text: the Board appointed Ms. McBane to serve as a Class B director on the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000162828024029464/0001628280-24-029464-index.htm

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