Spruce Power (SPRU) Resolves SEC Inquiry of XL Fleet
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Spruce Power Announces Resolution of SEC Inquiry of XL Fleet
September 28, 2023 10:02 PM EDTDENVER--(BUSINESS WIRE)-- Spruce Power Holding Corporation (NYSE: SPRU) (Spruce or the Company), a leading owner and operator of distributed solar energy assets across the United States, announces that it has settled a civil enforcement action filed by the United States Securities and Exchange Commission (SEC) related to the 2020 merger of Spruces predecessor company, XL Fleet Corp.
The SECs investigation previously was reported in the Companys Form 10-K for the year ended December 3, 2022 and its Quarterly Reports on Form 10-Q for the quarters ending on March 31, 2023 and June 30, 2023. In the settlement, Spruce... More
