Grove Collaborative Holdings, Inc. (GROV): Nasdaq/NYSE listing notice — Grove receives NYSE notice of non-compliance with $50M market cap and equity standards

Grove Collaborative Holdings, Inc.

NYSE notified Grove on May 15, 2025 that average market cap over 30 days and stockholders' equity each fell below $50M.
Company must submit a business plan within 45 days showing how it will regain compliance within 18 months.
If NYSE accepts plan, stock will continue trading during cure period; failure could lead to delisting proceedings.
No immediate impact on listing of Class A common stock (NYSE: GROV).

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Grove Collaborative Holdings, Inc. received a nyse noncompliance notice notice regarding market value (rules 802.01B).

Exchange: nyse
Notice: noncompliance notice
Deficiency: market value
Rules: 802.01B

Exact text from the filing

May 15, 2025, Grove Collaborative Holdings, Inc. (the “Company”) received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance with the requirement of Section 802.01B of the New York Stock Exchange Listed Company Manual (the “NYSE Manual”) that the Company have an average market capitalization of not less than $50.0 million over a consecutive 30 trading-day period and stockholders’ equity of not less than $50.0 million (the “NYSE Notice”). Pursuant to the NYSE Notice, the Company is subject to the procedures set forth in Sections 801 and 802 of the NYSE Manual and

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Grove Collaborative Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-026269

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