---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-180310"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:44:34.787464+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Grove Collaborative completes de-SPAC merger with VGAC II; PIPE raises $86.1M

## Summary
- Business combination closed June 16, 2022; former VGAC II renamed Grove Collaborative Holdings, Inc.
- Exchange ratio ~1.17604; Grove stockholders received New Grove Class B common stock.
- PIPE financing: 8.6M shares at $10/sh for $86.1M; $1M remaining to be collected.
- Backstop investor (Corvina Holdings) provided $44.2M plus warrants for 3.9M shares at $0.01.
- Post-closing: ~29.4M Class A and ~133.4M Class B shares outstanding; GROV and GROV.WS trade on NYSE.

## SEC filing metadata
- accession: 0001193125-22-180310
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 4.01, 9.01, 3.03, 5.01, 5.02, 5.03, 5.05, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000119312522180310/0001193125-22-180310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000119312522180310/d332953d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-180310
- JSON: https://secwatch.observer/filing/0001193125-22-180310.json
- Plain text: https://secwatch.observer/filing/0001193125-22-180310.txt

## Key facts
- Executive change
  Fumbi Chima was elected as director at Grove Collaborative Holdings, Inc..
  - Action: elected
  - Role: director
  source text: On June 16, 2022, the Board elected Fumbi Chima as a director, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000119312522180310/0001193125-22-180310-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.