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Spruce Biosciences(SPRB.US) 10% Shareholder Sells US$1.7 Million in Common Stocks

moomoo News ·  Mar 18 21:54

$Spruce Biosciences (SPRB.US)$ 10% Shareholder Novo Holdings A/S sold 1.91 million shares of Common Stocks on Mar 14, 2024 at an average price of $0.8884 for a total value of $1.7 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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