SPRUCE BIOSCIENCES, INC.
Close on Oct 19, 2026
- Market cap
- $98.22M
- P/E (TTM)
- –
- Dividend yield
- –
About Spruce Biosciences
Pharmaceutical Preparations, SIC 2834
Spruce Biosciences is a biopharmaceutical company focused on developing and commercializing therapies for neurological disorders with significant unmet medical needs. The company's portfolio features product candidates targeting serious conditions with established biological pathways, where approved treatments are unavailable or current options remain suboptimal. Its lead candidate, tralesinidase alfa enzyme replacement therapy, is an investigational fusion protein intended to restore alpha-N-acetylglucosaminidase enzyme activity in the central nervous system for patients with Mucopolysaccharidosis Type IIIB.
The company operates in the United States and plans international development across regions including North America, the European Union, the United Kingdom, Latin America, Turkey, and Asia. Spruce Biosciences conducts human clinical trials across multicenter and multinational sites to support its therapeutic pipeline. The business maintains its principal executive offices in South San Francisco, California.
Summary of the business section of Spruce Biosciences's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SPRUCE BIOSCIENCES, INC.
- Founded
- 2016
- Headquarters
- South San Francisco, CA
- Address
- 611 Gateway Boulevard, Suite 740 94080
- Phone
- (415) 655-4168
- Website
- sprucebiosciences.com
- Employees
- 8, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- BDO USA, P.C., San Jose, California
Stock & identifiers
- Ticker
- SPRB
- Exchange
- Nasdaq
- IPO date
- Oct 9, 2020
- Shares outstanding
- 3M, Aug 10, 2026
- Public float
- $2.80M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-75 reverse, Aug 14, 2025; 1-for-75 reverse, Aug 7, 2025; 1-for-75 reverse, Aug 5, 2025
- SEC CIK
- 1683553
- CUSIP
- 85209E208
- ISIN
- US85209E2081
- EIN
- 81-2154263
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Javier B. Szwarcberg | CHIEF EXECUTIVE OFFICER, Director | 19,270 |
| Michael G. Grey | Executive Chairman, Director | – |
| Douglas Kirk Ways | Interim Chief Medical Officer, Director | 1,250 |
| Adrian W. Quartel | Chief Medical Officer | – |
| Corwin Dale Hooks | Chief Commercial Officer | – |
| Samir M. Gharib | PRESIDENT AND CFO | 8,263 |
| Ralph William Charlton III | CHIEF MEDICAL OFFICER | 150,409 |
| Daniel K. Spiegelman | Director | – |
| Keli Walbert | Director | – |
| Camilla V. Simpson | Director | 334 |
| Percival Barretto-Ko | Director | 0 |
| Tiba Aynechi | Director | – |
| Bali Muralidhar | Director | 1,792,518 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Javier Szwarcberg | $2.91M | $4.23M | $1.26M | $40 | – |
| FY2024 Javier Szwarcberg | $1.53M | -$993.22K | $1.05M | $14 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 8 employees, all of whom were full time, including 5 in research and development and 3 in general and administrative functions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 12, 2025 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 25, 2025 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 31, 2025 | Late filing | Notification of late filing |
| Oct 28, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Apr 30, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Oct 9, 2020 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 5, 2020 | Listing | Registration of securities on an exchange (Form 8-A) |