regulatory
confidence high
sentiment negative
materiality 0.65
Grove Collaborative Holdings, Inc. (GROV): Nasdaq/NYSE listing notice — Grove Collaborative warrants to be delisted from NYSE due to abnormally low price; to trade OTC
Grove Collaborative Holdings, Inc.
- NYSE halted trading in GROV.WS warrants on June 8, 2023, citing low trading price.
- NYSE Regulation commenced delisting proceedings under Section 802.01D for abnormally low price levels.
- Company will not appeal NYSE's determination; warrants to be quoted on OTC market as of June 12, 2023.
- Trading in Class A common stock (GROV) on NYSE is unaffected by this action.