Spruce Biosciences Inc ( SPRB ):

* SPRUCE BIOSCIENCES INC ( SPRB ): ON JUNE 13, CO ENTERED INTO A

"STALKING

HORSE" ASSET PURCHASE AGREEMENT

* SPRUCE BIOSCIENCES ( SPRB )- AGREED TO BUY ALL

RIGHTS,TITLE,INTERESTS

IN,TO & UNDER SOME ASSETS,INTERESTS USED BY EIGER

BIOPHARMACEUTICALS RELATED TO AVEXITIDE

* SPRUCE BIOSCIENCES ( SPRB ) : ON JUNE 17, AN AUCTION WAS CONDUCTED

WITH

RESPECT TO TRANSFERRED ASSETS AS PART OF EIGER'S

COURT-SUPERVISED SALE PROCESS

* SPRUCE BIOSCIENCES ( SPRB ): UNDER ASSET PURCHASE AGREEMENT, CO TO

ACQUIRE TRANSFERRED ASSETS FROM EIGER FOR $10.0 MILLION SUBJECT

TO CERTAIN CIRCUMSTANCES

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