20 /100
LOW RISK
Score updated May 30, 2026

SPRB — Spruce Biosciences, Inc. Dilution Risk Tracker

Track SPRB dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

🔔 Track SPRB — Get alerts when the score changes →

📊 Score Breakdown

📋 Offering Ability
40
💰 Cash Runway
10
📊 Float Risk
15
⚠️ Warrant Exposure
15
🔄Convertible Debt—

🌦️ Dilution Forecast

☀️
Clear
No significant dilution signals
0%
No significant dilution signals detected for SPRB.
🔔 Track SPRB — Get forecast alerts →

💹 Market Data

Market Cap$141.11M
Shares Outstanding2.75M
Float2.65M
Cash$54.08M
Debt$6.46M
Short InterestN/A

🏛 Institutional Holdings

QoQ: ↓ 72.4% shares (2025Q4 vs prior)
32 institutional holders · 811.9K shares
#1 Ikarian Capital, LLC 121.4K shares
#2 ADAR1 Capital Management, LLC 116.0K shares
#3 Squadron Capital Management LLC 70.0K shares
+ 17 more holders Sign up free to view →

📉 Short Interest

Short Interest215.1K
Days to Cover5.8
% of Float8.1%
FINRA data as of May 15, 2026

📁 Recent SEC Activity

xbrl XBRL CONVERTIBLE Jan 07, 2026
xbrl XBRL WARRANT Dec 31, 2025
424B5 ATM Apr 20, 2026
8-K 8K EVENT Mar 09, 2026
424B5 ATM Mar 09, 2026
Full SEC filing analysis available with free account →

📰 Recent News

No recent news
Track SPRB Dilution Risk in Real-Time
Get instant alerts when SEC filings impact dilution risk. Free tier available.
Start Tracking SPRB — Free
Real-time SEC alerts DilutionScore™ tracking No credit card required
Similar risk profiles: A AAON ABLZF ACIW ADT
🔬 More Research for SPRB
📊 SPRB FDA Catalyst Timeline & Biotech Grade — BiotechSigns 📡 SPRB Signal Convergence & Dark Pool Activity — StonkWhisper

Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.