Novo Holdings A/S - Feb 16, 2023 Form 4 Insider Report for SPRUCE BIOSCIENCES, INC. (SPRB)

Role
10%+ Owner
Signature
/s/ Barbara Fiorini Due, General Counsel of Novo Holdings A/S
Stock symbol
SPRB
Transactions as of
Feb 16, 2023
Transactions value $
$6,999,360
Form type
4
Date filed
2/21/2023, 03:19 PM
Previous filing
Jan 3, 2023
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRB COMMON STOCK Purchase $7M +2.21M +48.91% $3.17 6.72M Feb 16, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPRB Common Stock Warrant (Right to Buy) Purchase +1.66M 1.66M Feb 16, 2023 Common Stock 1.66M $3.96 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the combined purchase price of $3.17 for Common Stock and Warrants acquired from Issuer in a private offering.