Home/Filings/4/0001209191-23-029764
4//SEC Filing

O'Donnell Niall 4

Accession 0001209191-23-029764

CIK 0001683553other

Filed

May 15, 8:00 PM ET

Accepted

May 16, 4:08 PM ET

Size

8.2 KB

Accession

0001209191-23-029764

Insider Transaction Report

Form 4
Period: 2023-02-16
Transactions
  • Purchase

    Common Stock

    2023-02-16$3.17/sh+630,400$1,998,3681,326,305 total(indirect: By RiverVest Venture Fund IV, L.P.)
  • Purchase

    Common Stock Warrant (Right to Buy)

    2023-02-16+472,800472,800 total(indirect: By RiverVest Venture Fund IV, L.P.)
    Exercise: $3.96From: 2023-02-16Exp: 2028-02-16Common Stock (472,800 underlying)
Footnotes (4)
  • [F1]The shares were purchased in the Issuer's private offering.
  • [F2]Represents the combined purchase price of $3.17 for Common Stock and Warrants acquired from Issuer in a private offering.
  • [F3]RiverVest Venture Partners IV, L.P. is the general partner of RiverVest Venture Fund IV, L.P. The Reporting Person is a manager of RiverVest Venture Partners IV, LLC, the sole general partner of RiverVest Venture Partners IV, L.P., and as a result may be deemed to share dispositive voting and investment power with respect to the shares held by RiverVest Venture Partners IV, L.P. The Reporting Person disclaims beneficial ownership of all shares held by RiverVest Venture Partners IV, L.P. except to the extent of his pecuniary interests therein.
  • [F4]The warrant was purchased in the Issuer's private offering.

Issuer

SPRUCE BIOSCIENCES, INC.

CIK 0001683553

Entity typeother

Related Parties

1
  • filerCIK 0001780235

Filing Metadata

Form type
4
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:08 PM ET
Size
8.2 KB