---
schema_version: "secwatch.filing_event.v1"
accession: "0001841761-23-000054"
form_type: "8-K"
ticker: "GROV"
cik: "0001841761"
company_name: "Grove Collaborative Holdings, Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:57:12.321562+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Grove Collaborative approves 1-for-5 reverse stock split effective June 5, 2023 to regain NYSE compliance

## Summary
- Board approves 1-for-5 reverse split after stockholder authorization for ratio between 1-for-5 and 1-for-25.
- Effective after market close June 5, 2023; shares begin split-adjusted trading June 6, 2023 under same ticker GROV.
- Class A shares to reduce from ~129M to ~26M; Class B from ~50M to ~10M; no fractional shares (cash in lieu).
- Warrant exercise price adjusted to $57.50 per share; shares underlying warrants reduced to 1.61M.
- Company must maintain $1/share for 30 trading days post-split to regain NYSE listing compliance; potential date July 20, 2023.

## SEC filing metadata
- accession: 0001841761-23-000054
- form_type: 8-K
- ticker: GROV
- cik: 0001841761
- company_name: Grove Collaborative Holdings, Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841761/000184176123000054/0001841761-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841761/000184176123000054/grov-20230524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841761-23-000054
- JSON: https://secwatch.observer/filing/0001841761-23-000054.json
- Plain text: https://secwatch.observer/filing/0001841761-23-000054.txt

## Key facts
- Shareholder Votes
  Grove Collaborative Holdings, Inc. shareholders approved Election of two Class I directors to hold office until the 2026 annual meeting at the 2023-05-24 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-24
  source text: Director Votes For Votes Withheld Broker Non-Votes Stuart Landesberg 462,133,208 498,645 21,454,526 Kristine Miller 459,626,629 3,005,224 21,454,526
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176123000054/0001841761-23-000054-index.htm
- Shareholder Votes
  Grove Collaborative Holdings, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 at the 2023-05-24 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-24
  source text: Votes For Votes Against Abstentions 483,812,313 55,439 218,627
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176123000054/0001841761-23-000054-index.htm
- Shareholder Votes
  Grove Collaborative Holdings, Inc. shareholders approved Approval of an amendment to the Company's certificate of incorporation to effect a reverse stock split at the 2023-05-24 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-05-24
  source text: Votes For Votes Against Abstentions 481,599,189 2,268,268 218,922
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841761/000184176123000054/0001841761-23-000054-index.htm

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