secwatch.observer — SEC 8-K summary
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Issuer:     Grove Collaborative Holdings, Inc. (GROV)
CIK:        0001841761
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001628280-25-034520
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Grove Collaborative amends SEPA with Yorkville: extends to Aug 2027, changes Market Price to lowest daily VWAP
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- Amended Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd. (Yorkville) on July 8, 2025.
- Original SEPA from July 2022 allowed up to $100 million in stock sales; amendment extends commitment period to August 1, 2027.
- "Market Price" definition changed from average VWAP over three days to lowest daily VWAP in that period.
- Amendment signed by Interim CFO Tom Siragusa for Grove and Matt Beckman for Yorkville.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025034520/0001628280-25-034520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841761/000162828025034520/grov-20250708.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-034520

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