Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Grove Collaborative Holdings, Inc. entered into Loan Agreement with Ocean II PLO LLC and the lending institutions party thereto valued at $72.0 million (effective 2022-12-21).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Ocean II PLO LLC and the lending institutions party thereto
- Value
- $72.0 million
- Effective
- 2022-12-21
Exact text from the filing
On December 21, 2022, Grove Collaborative Holdings, Inc., a Delaware public benefit corporation (“Holdings”), and Grove Collaborative, Inc., a Delaware public benefit corporation (“Grove”), as borrowers (Holdings and Grove, collectively, the “Borrowers”) entered into that certain Loan and Security Agreement, dated as of December 21, 2022 (the “Loan Agreement”), among Holdings, Grove, Ocean II PLO LLC, a California limited liability company, as administrative and collateral agent (the “Agent”), and the lending institutions party thereto.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Grove Collaborative Holdings, Inc. entered into Issuance Agreements with Structural Capital Investments III, LP and certain of its affiliates and Avenue Sustainable Solutions Fund, L.P. (effective 2022-12-21).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Structural Capital Investments III, LP and certain of its affiliates and Avenue Sustainable Solutions Fund, L.P.
- Effective
- 2022-12-21
Exact text from the filing
On December 21, 2022, in connection with the Loan Agreement, the Company entered into two Security Issuance Agreements (the “Issuance Agreements”), one with Structural Capital Investments III, LP and certain of its affiliates (the “Structural Investors”) and one with Avenue Sustainable Solutions Fund, L.P. (the “Avenue Investor” and, together with the Structural Investors, the “Investors”).
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