Springpad says goodbye". Sad but true, they are indeed shutting down due to lack of funding. :-(
If you're one of the many Springpad users who loved the app but will need to consider alternatives now, the good news is that there are 2 migration options: Evernote and Pocket.
Migration to Evernote
I have an Evernote account although I hardly use it because I was really a Springpad user. But Springpad claimed that the migration to Evernote would be seamless so I tried it yesterday and indeed, it was seamless. All my notebooks were migrated and the formatting looks similar to that of Springpad from what I can see except for a few instances when separate sentence lines were combined into one (no big deal).
If you have an Evernote account, this is what you can do:
1. Create an Evernote account (or sign in to Evernote if you already have one).
2. Go to https://springpad.com/savemystuff. This is the window you will see.
3. Enter the email address you use to log into Evernote. When you click the yellow button, you will be prompted for your Evernote log-in password. After successfully being logged in, this is what you will see.
4. You will receive an email confirming that your Springpad stuff were successfully migrated into Evernote.
You can find additional information on how to migrate your Springpad stuff on this FAQ page.
Migrating to Pocket
I also use Pocket to store articles for offline reading and they also have a migration option for you. You will need to go to https://springpad.com/savemystuff again and choose "Export Your Data". More instructions are in this screenshot.
Another Export Option
If you'd rather not migrate to another app, Springpad also gives you option to simply export your Springpad stuff as a zipped HTML file. It also serves as a backup in case something goes wrong with migration or as an added reference stored locally on your computer.
I will miss Springpad as it served me well since 2011 but it's time to move on. Good luck as well on your migration.