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Grove Collaborative Holdings Receives NYSE Non-Compliance Notice Over Market Cap & Equity Requirements

Author: Benzinga Newsdesk | May 16, 2025 03:12pm

Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or "the Company"), reports that, on May 15, 2025, it received written notice (the "NYSE Notice") from the New York Stock Exchange ("NYSE") of non-compliance with Section 802.01B of the NYSE Listed Company Manual (the "NYSE Manual"), which requires an average global market capitalization of not less than $50 million over a consecutive 30 trading-day period and stockholders' equity of not less than $50 million.

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