secwatch.observer — SEC 8-K summary
======================================

Issuer:     Grove Collaborative Holdings, Inc. (GROV)
CIK:        0001841761
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001628280-25-026269
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grove receives NYSE notice of non-compliance with $50M market cap and equity standards
--------------------------------------------------------------------------------

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025026269/0001628280-25-026269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025026269/grov-20250515.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-026269

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer