Spruce Power Holding Corp, listed under ticker XL, operates in the residential solar energy sector and is linked to the SPAC universe through its predecessor entity XL Fleet Corp, which went public via a business combination with blank-check vehicle Pivotal Investment Corporation in December 2020. Following the deal, the company shifted its strategic focus from electric vehicle fleet electrification to acquiring and managing distributed residential solar assets across the United States, completing a full rebrand to Spruce Power Holding Corp in 2022. The 10-Q filing dated November 2019 predates the merger and reflects the company's earlier operational period. For the full SPAC deal history, filing archive, and live company data on Spruce Power and the broader blank-check market, sign up for SpacDesk.