Grove receives NYSE non-compliance notice for market cap/equity below $50M

Grove Collaborative Holdings, Inc.

• On Aug 7, 2026, NYSE notified Grove it failed Section 802.01B: average market cap <$50M over 30 trading days and stockholders' equity <$50M.
• Grove must submit a business plan within 45 days (by ~Sept 21, 2026) demonstrating ability to regain compliance within 9-month cure period.
• NYSE notice has no immediate impact on listing of Class A common stock; trading continues subject to other listing standards.
• If plan is not submitted timely or rejected, NYSE could initiate delisting proceedings.