X0202 SCHEDULE 13D/A 0001452857 XXXXXXXX LIVE 6 Common Stock, par value $0.0001 per share 09/21/2026 false 0001772720 9837FR209 SPRUCE POWER HOLDING CORP

820 GESSNER ROAD SUITE 500 HOUSTON TX 77024

Warren G. Lichtenstein 212-520-2300 Steel Partners Holdings L.P. 590 Madison Avenue, 32nd Floor New York NY 10022 0001452857 N STEEL PARTNERS HOLDINGS L.P. AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 PN 0001537666 N Steel Partners Holdings GP Inc. AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 CO 0001522067 N SPH Group LLC AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 OO 0001522066 N SPH Group Holdings LLC AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 OO 0000709804 N Steel Excel Inc. AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 CO 0000914712 N Steel Connect LLC AF N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 OO 0002099397 N SP Strategic Holdings LLC WC N DE 0.00 3482160.00 0.00 3482160.00 3482160.00 N 18.1 OO 0001144269 N HOWARD JACK L PF N X1 50000.00 0.00 50000.00 0.00 50000.00 N 0.3 IN Common Stock, par value $0.0001 per share SPRUCE POWER HOLDING CORP 820 GESSNER ROAD SUITE 500 HOUSTON TX 77024 Item 3 is hereby amended and restated to read as follows: The aggregate purchase price of the 3,482,160 Shares owned directly by SP Strategic Holdings is approximately $12,260,505, including brokerage commissions. Such Shares were acquired with SP Strategic Holdings' cash on hand. The aggregate purchase price of the 50,000 Shares owned directly by Mr. Howard is approximately $80,010, including brokerage commissions. Such Shares were acquired with Mr. Howard's personal funds. On September 21, 2026, SP Strategic Holdings entered into a Stock Purchase Agreement (the "SPA") with Ja-Chin Audrey Lee pursuant to which SP Strategic Holdings agreed to purchase an aggregate of 52,780 Shares from Ms. Lee for total consideration of $107,671. The foregoing description of the SPA does not purport to be complete and is qualified in its entirety by reference to the full text of the SPA, which is attached hereto as Exhibit 99.1 and incorporated by reference herein. Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 19,252,186 Shares outstanding, which is the total number of Shares outstanding as of August 10, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 13, 2026. As of the close of business on the date hereof, SP Strategic Holdings owned directly 3,482,160 Shares, constituting approximately 18.1% of the Shares outstanding. By virtue of their relationships with SP Strategic Holdings, each of Steel Holdings, SPHG, SPHG Holdings, Steel Holdings GP, Steel Excel and Steel Connect may be deemed to beneficially own the Shares owned directly by SP Strategic Holdings. As of the close of business on the date hereof, Mr. Howard owned directly 50,000 Shares, constituting less than 1% of the Shares outstanding. Item 5(c) is hereby amended and restated to read as follows: None of the Reporting Persons have engaged in any transactions in the Shares since the filing of Amendment No. 5 except as set forth in Exhibit 1 hereto. Reference is made to the SPA described in Item 4 above, which description is incorporated herein by reference. Item 7 is hereby amended to add the following exhibits: Exhibit 1 - Transactions in Securities of the Issuer Since the Filing of Amendment No. 5 Exhibit 99.1 - Stock Purchase Agreement, dated September 21, 2026, by and between SP Strategic Holdings LLC and Ja-Chin Audrey Lee STEEL PARTNERS HOLDINGS L.P. /s/ Maria Reda 09/23/2026 Steel Partners Holdings GP Inc. /s/ Maria Reda 09/23/2026 SPH Group LLC /s/ Maria Reda 09/23/2026 SPH Group Holdings LLC /s/ Maria Reda 09/23/2026 Steel Excel Inc. /s/ Maria Reda 09/23/2026 Steel Connect LLC /s/ Maria Reda 09/23/2026 SP Strategic Holdings LLC /s/ Maria Reda 09/23/2026 HOWARD JACK L /s/ Maria Reda 09/23/2026