---
schema_version: "secwatch.filing_event.v1"
accession: "0001841761-22-000079"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T01:59:37.696368+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grove receives NYSE notice of non-compliance with $1.00 minimum share price; 6-month cure

## Summary
- Average closing price below $1.00 over 30 consecutive trading days triggered NYSE notice on Dec. 14, 2022.
- Company has six months from Notice receipt to regain compliance by closing price >=$1.00 and 30-day avg >=$1.00.
- Common stock remains listed on NYSE (symbol GROV) with added ".BC" designation indicating non-compliance.
- No immediate impact on business operations, SEC reporting, or debt obligations; failure to cure could lead to delisting.
- Company plans to notify NYSE of intent to cure within 10 business days.

## SEC filing metadata
- accession: 0001841761-22-000079
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000079/0001841761-22-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000079/grov-20221214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841761-22-000079
- JSON: https://secwatch.observer/filing/0001841761-22-000079.json
- Plain text: https://secwatch.observer/filing/0001841761-22-000079.txt

## Key facts
- Listing & Compliance Notices
  Grove Collaborative Holdings, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: December 14, 2022, Grove Collaborative Holdings, Inc. (the “Company”) received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the average per share trading price of its common stock (the “Common Stock”) was below the NYSE’s continued listing standard rule relating to minimum average share price. Rule 802.01C of the NYSE’s Listed Company Manual requires that a company’s common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period. Pursuant to Section 802.01C, the Company has a period of six months following the receipt of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176122000079/0001841761-22-000079-index.htm

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