Tom Siragusa
The Company previously announced the appointment of Tom Siragusa as interim chief financial officer, interim principal financial officer and interim principal accounting officer effective February 16, 2025.
Highest-materiality recent filing
Net revenue $36.2M (-16.8% YoY); net loss narrowed to $1.0M from $3.5M.
Grove Collaborative regains NYSE compliance for continued listing
Received NYSE notice on March 17, 2026 confirming compliance with minimum market cap and stockholders' equity requirements.
Grove Q4 revenue $42.4M (-14%), Adj EBITDA positive $1.6M; guides FY26 revenue $140-150M
Q4 revenue $42.4M, down 14.3% YoY; net loss $1.6M vs $12.6M loss prior year.
Grove Collaborative Q3 revenue down 9.4% YoY to $43.7M; net loss widens to $3.0M; reduces workforce
Net loss of $3.0M vs $1.3M loss in Q3 2024; adjusted EBITDA loss of $1.2M vs breakeven prior year.
Grove Collaborative appoints Tom Siragusa as permanent CFO, effective Oct 1, 2025
Tom Siragusa, previously Interim CFO since Feb 16, 2025, appointed as permanent CFO effective Oct 1, 2025.
Grove Collaborative amends ABL loan agreement to include credit card receivables in borrowing base
Amendment No. 4 to Loan and Security Agreement with Siena Lending Group LLC effective Sep 26, 2025.
David Glazer resigned from the Board effective August 22, 2025; no disagreement cited.
Grove Collaborative Q2 revenue falls 15.5% to $44M; net loss improves to $3.6M
Revenue $44.0M, down 15.5% YoY but up 1.1% sequentially; DTC orders 640k (-12.6% YoY).
Amended Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd. (Yorkville) on July 8, 2025.
David Glazer re-elected with 25,831,613 votes for, 56,433 withheld; broker non-votes: 25,888,046.
Grove Collaborative's auditor Moss Adams merges into Baker Tilly; no disagreements reported
Moss Adams resigned as auditor after merging with Baker Tilly US, LLP effective June 3, 2025.
Grove receives NYSE notice of non-compliance with $50M market cap and equity standards
NYSE notified Grove on May 15, 2025 that average market cap over 30 days and stockholders' equity each fell below $50M.
Grove Q1 revenue falls 18.7% YoY to $43.5M; FY2025 guidance lowered
Revenue $43.5M, down 18.7% YoY; net loss $3.5M vs $3.4M; adjusted EBITDA -$1.6M vs +$1.9M.
Grove Collaborative extends ABL loan maturity to April 2028, removes minimum liquidity covenant
Maturity extended by approximately 3 years to April 10, 2028.
Grove Collaborative retires Class B common stock, reduces authorized shares to 700M
Certificate of Retirement filed April 15, 2025 to retire all Class B common shares after their conversion to Class A on Feb 14, 2025.
Grove Q4 revenue $49.5M, sequential growth; first full-year positive EBITDA of $1.3M
Q4 2024 revenue $49.5M, up 2.5% QoQ but down 17.4% YoY; net loss $12.6M vs $9.5M loss YoY, includes debt extinguishment loss.
Grove Collaborative CFO Sergio Cervantes terminated; Tom Siragusa named interim CFO
CFO Sergio Cervantes terminated effective Feb 16, 2025.
CFO Sergio Cervantes to depart Feb 16; Tom Siragusa named interim CFO
Sergio Cervantes will depart as CFO effective Feb 16, 2025; departure not due to any disagreement with the company.
Grove Collaborative announces departure of Executive Chair and CTO
Stuart Landesberg steps down as Executive Chair effective Feb 17, 2025, becomes non-employee Board Chair.
Grove Collaborative repays $30.35M term loan, amends ABL facility to reduce liquidity hurdles
Repaid and terminated Term Loan Agreement in full; paid $30,349,672.50 to discharge all obligations.
Grove Q3 revenue $48.3M, net loss $1.3M; exits brick & mortar, revises FY guide to $200-205M
Revenue $48.3M, down 22% YoY; net loss $1.3M vs $9.8M loss YoY; Adj. EBITDA breakeven (0.1% margin).
Grove Collaborative dismisses EY, appoints Moss Adams as auditor for FY 2024
Audit Committee dismissed Ernst & Young LLP effective October 9, 2024; no disagreements or reportable events.
Grove Collaborative receives $15M PIPE from Volition Capital; plans to repay term debt
Volition Capital invests $15M in Series A' Convertible Preferred Stock at $1,000/share liquidation preference.
Grove Q2 revenue $52.1M (-21% YoY); positive adj EBITDA $1.1M, debt paydown $42M
Revenue of $52.1M, down 21.2% YoY; net loss $10.1M vs $10.9M loss YoY.
Grove Collaborative prepays $42M term loan, eases debt covenants and extends maturity to 2026
Prepaid $42M of principal on Term Loan Agreement dated Dec 2022.
Grove Collaborative stockholders elect directors and ratify Ernst & Young as auditor
John Replogle elected as Class II director with 53,150,664 votes for, 2,826,407 withheld.
Grove Q1 2024: Revenue $53.5M (-25.2%); Adj. EBITDA $1.9M positive, maintains FY guidance
Revenue $53.5M, down 25.2% YoY; net loss $3.4M vs $13.1M YoY loss.
Q4 net revenue $59.9M (-19.2% YoY); gross margin 54.4% (+740 bps YoY).
The Company previously announced the appointment of Tom Siragusa as interim chief financial officer, interim principal financial officer and interim principal accounting officer effective February 16, 2025.
the Company and Sergio Cervantes, the Chief Financial Officer of the Company agreed that Mr. Cervantes’ employment would be terminated, effective February 16, 2025
the Company and Sergio Cervantes, the Chief Financial Officer of the Company agreed that Mr. Cervantes’ would depart the Company, effective February 16, 2025
On January 6, 2025, the Company appointed Tom Siragusa the Company’s interim Chief Financial Officer effective February 16, 2025
Max materiality 0.75 · Median 0.65 · Most common event earnings