Novo Holdings A/S - 16 Feb 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
Issuer symbol
SPRB
Transactions as of
16 Feb 2023
Net transactions value
+$6,999,360
Form type
4
Filing time
21 Feb 2023, 15:19:36 UTC
Previous filing
03 Jan 2023
Next filing
14 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRB COMMON STOCK Purchase $6,999,360 +2,208,000 +49% $3.17 6,722,336 16 Feb 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 +1,656,000 1,656,000 16 Feb 2023 Common Stock 1,656,000 $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.