Spruce power announces resolution of sec inquiry of xl fleet

Denver--(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 spruce's predecessor company, xl fleet corp. the sec's investigation previously was reported in the company's form 10-k for the year ended december 3, 2.
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