SPRB
Spruce Biosciences, Inc.78.00
-2.67-3.31%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
83.49MP/E (TTM)
-Basic EPS (TTM)
-84.32Dividend Yield
0%Recent Filings
8-K
8-K
8-K
Spruce raises $50M via private placement
Spruce Biosciences inked a private placement on October 7, 2025, selling 502,181 common shares at $68.00 each and pre-funded warrants for 233,144 more, netting about $50.0 million in gross proceeds by October 9 closing. Funds will fuel non-clinical and clinical development of tralesinidase alfa for Sanfilippo Syndrome Type B, with a BLA submission eyed for Q1 2026 and potential U.S. launch late that year. Yet regulatory hurdles loom large. Cash infusion bolsters runway.
10-Q
Q2 FY2025 results
Spruce Biosciences narrowed its Q2 net loss to $2.1M from $9.2M a year earlier, thanks to a 55% workforce cut slashing R&D costs by $8.5M y/y amid the pivot to tralesinidase alfa for Sanfilippo Syndrome Type B. Year-to-date, the net loss eased to $16.1M from $20.8M, with operating cash burn dropping to $21.6M from $26.1M, though cash dwindled to $16.4M from $38.8M year-end. The $0.9M term loan matures January 2026 at 8.0% interest, fully current with no revolver. Acquired Allievex assets in October 2024 for $5.0M cash plus $8.3M liabilities, recognizing $11.0M in-process R&D. Substantial doubt lingers on going-concern viability without fresh funding.
8-K
TA-ERT data stabilizes MPS IIIB
Spruce Biosciences unveiled integrated long-term data showing tralesinidase alfa (TA-ERT) sharply cut CSF HS-NRE levels by 91.5 ng/mL over five years while stabilizing cognition and brain volume in MPS IIIB patients, contrasting untreated declines. The company eyes BLA submission in Q1 2026 under accelerated approval. Cash at $16.4 million funds operations through 2025, but net loss narrowed to $2.1 million in Q2. Nasdaq relisting looms after reverse split compliance.
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