Trust Size
$857M
Peak Price
$280.00
Current Price
$4.18
Return
-58.2%
Price Journey
What Happened
Spruce Power (formerly XL Fleet) is a residential clean energy company that acquires and manages rooftop solar assets, servicing over 75,000 home solar installations across the U.S.
The company originally went public as XL Fleet in December 2020 via a SPAC merger focused on fleet electrification. After the electrification business faltered, the company pivoted entirely in 2022 by acquiring a large portfolio of residential solar assets and rebranded as Spruce Power. The dramatic transformation represents one of the more unusual post-SPAC pivots, from electric trucks to rooftop solar servicing.
Timeline
2019-06-13
S-1 Registration Filed
🔀 Reverse Stock Split
Reverse split ratio: . Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.
SEC Filing Details
CIK Number
1772720
Total SEC Filings
419
State of Incorporation
DE
Last Filing Date
2026-03-16
Business Location
New York, NY
Trust/Asset Size
$857M
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for Spruce Power Holding