---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049138"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:06:47.708985+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grove Collaborative repays $30.35M term loan, amends ABL facility to reduce liquidity hurdles

## Summary
- Repaid and terminated Term Loan Agreement in full; paid $30,349,672.50 to discharge all obligations.
- Amended ABL loan agreement to reduce minimum liquidity requirement to $5M from previous higher thresholds.
- Cash dominion event threshold lowered to Liquidity <$10M or Excess Availability <$2.5M.
- Appraisal triggers revised with tiered liquidity thresholds ($20M, $10M, and below $10M).
- Consent fee of $50,000 paid to Siena Lending Group for the amendment.

## SEC filing metadata
- accession: 0001628280-24-049138
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000162828024049138/0001628280-24-049138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000162828024049138/grov-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049138
- JSON: https://secwatch.observer/filing/0001628280-24-049138.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049138.txt

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