Spruce Power (SPRU) Regains NYSE Compliance

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Spruce Power Regains Compliance with NYSE Minimum Price Requirement

February 2, 2023 7:30 AM EST

DENVER--(BUSINESS WIRE)-- Spruce Power (NYSE: SPRU) (Spruce or the Company), a leading owner and operator of distributed solar energy assets across the United States, today announced that the New York Stock Exchange (the NYSE) notified the Company that it has regained compliance with the NYSEs continued listing standard for minimum share price.

On October 20, 2022, the NYSE notified Spruce of noncompliance with the NYSEs continued listing standards because the average closing price of the Companys common stock was less than $1.00 per share over a period of 30 consecutive trading days. On February 1, 2023, the... More