Latest news with #Spruce
Entrepreneur
6 days ago
- Business
- Entrepreneur
Entrepreneur UK's London 100: Spruce
Industry: Supply Chain Sustainability Spruce is a London-based API startup tackling sustainability at the source – within the supply chain. Founded by Oxford alumni Louis and Maximilian, Spruce shifts focus from high-level carbon dashboards to helping suppliers, especially SMEs, report accurate, product-level sustainability data directly from invoices and logistics records. This data flows into enterprise procurement systems, enabling buyers to verify carbon, material, and social metrics without relying on estimates, PDFs, or manual follow-ups. With regulations like CSRD, Scope 3, and Digital Product Passport rules approaching, companies need real, auditable data to back their sustainability claims. Spruce provides the infrastructure to make that possible. A global CPG company is already onboarding over 500 suppliers, with strong traction via integrations into existing procurement tools. What sets Spruce apart is its pragmatic approach – suppliers don't need to be ESG experts. Spruce automates data collection, applies intelligent rules to highlight gaps, and makes compliance seamless. Backed by the Oxford Seed Fund, climate-focused angels, and early-stage VCs, Spruce has raised its seed round to expand its technical team and scale enterprise partnerships, paving the way for more transparent and efficient sustainability reporting.
Daily Mirror
7 days ago
- General
- Daily Mirror
Gardeners told to cover fence with this beautiful fast growing climbing plant
A garden expert has shared a video of the 'fastest growing' climbing plant he says is perfect for covering fences - and it's sure to be a hit with green-fingered fans A bare fence or wall can detract from an otherwise stunning garden, but a rapidly growing climbing plant could be just the solution. To swiftly turn it into a verdant, leafy backdrop, gardening gurus recommend one standout plant: the trumpet vine. Dubbed the "fastest growing" climber, it's perfect for quickly covering fences. The vine is also renowned for its bold, striking, vibrant flowers, which provide immediate visual interest. TikTok creator and gardening expert Michael - the gardener (@themediterraneangardener) vouches for it for quick, dramatic transformations; he said, "Looking for a climber that's a little bit different, then maybe consider the trumpet vine." Michael added: "Trumpet vines or Campsis radicans are a vigorous woody climber grown for its attractive orange-red trumpet-like flowers in contrast to its lush green leaves." "Fast-growing, it will quickly cover a wall or a fence.", reports the Express. He continued, "If you're looking for a climber that flowers late summer to autumn, then this one is for you." How to grow Trumpet Vines Trumpet vines can reach heights of 30 to 40 feet and spread four to 10 feet wide. They need to be planted in full sun to partial shade, which means they require at least six hours of direct sunlight on most days. According to gardening experts at the Spruce, these plants "only need watering when there are obvious signs of wilt and withering. In most climates, the typical rainfall will be sufficient to keep the plants healthy. "About one inch of water per week, through a combination of rainfall and/or irrigation, is entirely sufficient for good plant performance." Trumpet vines don't need any fertilisers; they're "aggressive spreaders" that can flourish in poor soil. The soil should be sandy, clayey, moist, and well-drained. "These vigorous vines do not require any particular care once they are done blooming," the Spruce reported. However, pruning is advised in the spring before growth begins. "Cut the plant back to nearly ground level, leaving only a few buds. It is also okay to cut back in late autumn after the leaves have dried and fallen. This kind of aggressive annual pruning is the best way to keep the plant in check," the gardening gurus advised. Gardeners should note that the trumpet vine grows wildly, so it should be planted at least six to 12 feet away from buildings or trees. These plants are highly combustible, so planting them next to foundations or building walls in areas prone to wildfires isn't wise. The Spruce experts warned: "A neglected plant that is not pruned back annually can envelop a home or garage in a manner that creates a serious fire risk."
Yahoo
12-06-2025
- Business
- Yahoo
Spruce Biosciences Announces Conditional Nasdaq Approval to Resume Trading on the Nasdaq Capital Market
Relisting Contingent Upon Stockholder Approval of Reverse Stock Split Trading on Nasdaq Capital Market Anticipated to Commence On or Before August 5, 2025 SOUTH SAN FRANCISCO, Calif., June 12, 2025--(BUSINESS WIRE)--Spruce Biosciences, Inc. (OTC: SPRB) ("Spruce"), a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders with significant unmet medical need, announced that it has received approval from The Nasdaq Stock Market LLC ("Nasdaq") to resume trading of its common stock on the Nasdaq Capital Market subject to Spruce regaining compliance with Nasdaq's minimum bid price requirement on or before August 5, 2025. "We are pleased by Nasdaq's decision to lift its trading suspension and resume trading of our common stock on or before August 5, 2025, subject to our compliance with the minimum bid price requirement," said Samir Gharib, President and Chief Financial Officer of Spruce. "We are diligently working to regain compliance with the minimum bid price requirement by seeking stockholder approval to effect a reverse stock split of our common stock at our upcoming 2025 Annual Meeting of Stockholders. We strongly encourage all stockholders entitled to vote at the 2025 Annual Meeting of Stockholders to vote in favor of the reverse stock split proposal (Proposal No. 3)." The Board of Directors of Spruce believes that the approval of Proposal No. 3 regarding the reverse stock split is in the best interests of Spruce and its stockholders for the following reasons: regaining compliance with Nasdaq's minimum bid price requirement ensures that the company's common stock can resume trading on the Nasdaq Capital Market; a higher stock price may generate investor interest in the company, enable potential future financing activity and help the company attract and retain employees; some institutional investors have policies prohibiting them from holding lower-priced stocks in their portfolios, which reduces the number of potential purchasers of the company's common stock; brokerage firms may be reluctant to recommend lower-priced securities to their clients and investors may be discouraged from purchasing lower priced stocks because the brokerage commissions, as a percentage of the total transaction, tend to be higher for such stocks; and since analysts at many brokerage firms do not monitor the trading activity or otherwise provide coverage of lower priced stocks, many investment funds are reluctant to invest in lower priced stocks. Spruce encourages all stockholders of record on May 30, 2025 who have not yet voted to do so by 11:59 p.m. Eastern Time on July 21, 2025. The 2025 Annual Meeting of Stockholders will be held in a virtual-only format at 11:00 a.m. Pacific Time on July 22, 2025, which can be accessed at and entering the 16‐digit control number included in your Notice of Internet Availability of Proxy Materials, on your proxy card or in the instructions that accompanied your proxy materials. About Spruce Biosciences Spruce Biosciences is a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders with significant unmet medical need. To learn more, visit and follow us on X, LinkedIn, Facebook and YouTube. Participants in the Solicitation Spruce and its directors, executive officers, and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the company's stockholders in connection with the business to be conducted at the 2025 Annual Meeting of Stockholders. Investors and security holders may obtain more detailed information regarding the names, affiliations, and interests of the company's directors and executive officers in Spruce's definitive proxy statement filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2025 (as amended on June 6, 2025) in connection with the company's 2025 Annual Meeting of Stockholders as well as the company's other filings with the SEC, all of which may be obtained free of charge at the website maintained by the SEC at Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, our business, operations, financial performance and condition; the potential to have our common stock resume trading on the Nasdaq Capital Market; the potential benefits of approving and implementing a reverse stock split; and the timing, date and location of our 2025 Annual Meeting of Stockholders. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as "anticipate", "may," "will", "potential" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Spruce's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with Spruce's business in general, the impact of geopolitical and macroeconomic events, and the other risks described in Spruce's filings with the U.S. Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Spruce undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. View source version on Contacts Spruce Media Katie Beach OltsikInizio Evoke Comms(937) media@ Spruce Investors Samir GharibPresident and CFOSpruce Biosciences, Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-06-2025
- Business
- Business Wire
Spruce Biosciences Announces Conditional Nasdaq Approval to Resume Trading on the Nasdaq Capital Market
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Spruce Biosciences, Inc. (OTC: SPRB) ('Spruce'), a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders with significant unmet medical need, announced that it has received approval from The Nasdaq Stock Market LLC ('Nasdaq') to resume trading of its common stock on the Nasdaq Capital Market subject to Spruce regaining compliance with Nasdaq's minimum bid price requirement on or before August 5, 2025. 'We are pleased by Nasdaq's decision to lift its trading suspension and resume trading of our common stock on or before August 5, 2025, subject to our compliance with the minimum bid price requirement,' said Samir Gharib, President and Chief Financial Officer of Spruce. 'We are diligently working to regain compliance with the minimum bid price requirement by seeking stockholder approval to effect a reverse stock split of our common stock at our upcoming 2025 Annual Meeting of Stockholders. We strongly encourage all stockholders entitled to vote at the 2025 Annual Meeting of Stockholders to vote in favor of the reverse stock split proposal (Proposal No. 3).' The Board of Directors of Spruce believes that the approval of Proposal No. 3 regarding the reverse stock split is in the best interests of Spruce and its stockholders for the following reasons: regaining compliance with Nasdaq's minimum bid price requirement ensures that the company's common stock can resume trading on the Nasdaq Capital Market; a higher stock price may generate investor interest in the company, enable potential future financing activity and help the company attract and retain employees; some institutional investors have policies prohibiting them from holding lower-priced stocks in their portfolios, which reduces the number of potential purchasers of the company's common stock; brokerage firms may be reluctant to recommend lower-priced securities to their clients and investors may be discouraged from purchasing lower priced stocks because the brokerage commissions, as a percentage of the total transaction, tend to be higher for such stocks; and since analysts at many brokerage firms do not monitor the trading activity or otherwise provide coverage of lower priced stocks, many investment funds are reluctant to invest in lower priced stocks. Spruce encourages all stockholders of record on May 30, 2025 who have not yet voted to do so by 11:59 p.m. Eastern Time on July 21, 2025. The 2025 Annual Meeting of Stockholders will be held in a virtual-only format at 11:00 a.m. Pacific Time on July 22, 2025, which can be accessed at and entering the 16‐digit control number included in your Notice of Internet Availability of Proxy Materials, on your proxy card or in the instructions that accompanied your proxy materials. About Spruce Biosciences Spruce Biosciences is a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for neurological disorders with significant unmet medical need. To learn more, visit and follow us on X, LinkedIn, Facebook and YouTube. Participants in the Solicitation Spruce and its directors, executive officers, and certain employees and other persons may be deemed to be participants in the solicitation of proxies from the company's stockholders in connection with the business to be conducted at the 2025 Annual Meeting of Stockholders. Investors and security holders may obtain more detailed information regarding the names, affiliations, and interests of the company's directors and executive officers in Spruce's definitive proxy statement filed with the U.S. Securities and Exchange Commission (the 'SEC') on April 28, 2025 (as amended on June 6, 2025) in connection with the company's 2025 Annual Meeting of Stockholders as well as the company's other filings with the SEC, all of which may be obtained free of charge at the website maintained by the SEC at Forward-Looking Statements Statements contained in this press release regarding matters that are not historical facts are 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, our business, operations, financial performance and condition; the potential to have our common stock resume trading on the Nasdaq Capital Market; the potential benefits of approving and implementing a reverse stock split; and the timing, date and location of our 2025 Annual Meeting of Stockholders. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as 'anticipate', 'may,' 'will', 'potential' and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon Spruce's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with Spruce's business in general, the impact of geopolitical and macroeconomic events, and the other risks described in Spruce's filings with the U.S. Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Spruce undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
Business Wire
10-06-2025
- Business
- Business Wire
Spruce Power Announces Appointment of Interim Chief Financial Officer
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) ('Spruce' or the 'Company') is pleased to announce the appointment of Thomas Cimino as Interim Chief Financial Officer ('CFO'), effective June 5, 2025. This announcement follows the transition of former Chief Financial Officer Sarah Wells who departed Spruce to pursue a private company opportunity. Spruce is undertaking a search to fill the CFO position on a permanent basis. "With significant experience as a senior-level finance executive, Thomas is adept at navigating complex business environments with a strong focus on operational efficiencies and executing growth strategies," said Chris Hayes, Chief Executive Officer of Spruce. "I am confident that his extensive financial expertise makes him the right choice to guide us during this transition, while we continue to execute on our strategic priorities.' Cimino has over 25 years of experience in financial reporting, internal controls, budget and planning, capital markets and business strategy. His past experiences include serving as Chief Financial Officer at Vantage Drilling International and AEI Services and Executive Vice President of Finance and Administration for EnfraGen. Earlier in his career, he worked at the U.S. Securities and Exchange Commission, was a Director in PricewaterhouseCoopers Global Capital Markets Group and began in public accounting with KPMG. Cimino earned a Bachelor of Science in Accounting at Penn State University and a Master of Business Administration from Rice University. About Spruce Power Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States. We provide subscription-based services that make it easy for homeowners to benefit from rooftop solar power and battery storage. Our power as-a-service model allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Our company owns the cash flows from approximately 85,000 home solar assets and contracts across the United States. For additional information, please visit Forward Looking Statements Certain statements in this press release may constitute 'forward-looking statements' within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and rules promulgated thereunder. Forward-looking statements generally are characterized by the use of certain words or phrases (and their derivatives) such as 'believe,' 'continue,' 'may,' 'will,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'should,' 'would,' 'plan,' 'goals,' 'predict,' 'potential,' 'seem,' 'seek,' 'future,' 'outlook,' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements in this release include statements regarding the Company's strategic priorities and financial outlook including the Company's prospects for long-term growth in revenues, cash flows and earnings. These statements are based on our current plans and strategies, as well as various assumptions, whether or not identified in this press release, and on the current expectations of management, all of which management believes are reasonable as of the date of this report, and reflect our current assessment of the risks and uncertainties related to the Company's business and are made as of the date of this press release. Although we believe that our expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of our existing knowledge about the Company's business and operations, there can be no assurance that actual future results, performance or achievements of, or trends affecting, us will not differ materially from any future results, performance, achievements or trends expressed or implied by such forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by forward-looking statements, including but not limited to: expectations regarding the growth of the solar industry and home electrification; uncertainties relating to the solar energy industry; the ability to identify and complete strategic acquisitions or strategic relationships; our ability to successfully integrate acquisitions; the ability to develop and market new products and services; the effects of pending and future legislation; the highly competitive nature of the Company's business and markets; the ability to execute on and consummate business plans in anticipated time frames; litigation, complaints, product liability claims, government investigations and/or adverse publicity; cost increases or shortages in the materials necessary to support the Company's products and services; the introduction of new technologies; the impact of natural disasters and other events beyond our control, such as hurricanes, wildfires or pandemics, on the Company's business, results of operations, financial condition, regulatory compliance and customer experience; privacy and data protection laws, privacy or data breaches, or the loss of data; general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; risks related to the rollout of the Company's business and the timing of expected business milestones; the effects of competition on the Company's future business; the availability of capital, including the availability and cost of borrowings; and the other risks discussed under the heading 'Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on March 31, 2025, subsequent Quarterly Reports on Form 10-Q and other documents that the Company files with the SEC in the future. These factors are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can the Company assess the impact of all such risk factors on its business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
