secwatch.observer — SEC 8-K summary
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Issuer:     Grove Collaborative Holdings, Inc. (GROV)
CIK:        0001841761
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001841761-22-000079
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841761/000184176122000079/0001841761-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841761/000184176122000079/grov-20221214.htm
  HTML page:      https://secwatch.observer/filing/0001841761-22-000079

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