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HumanCo Urges Grove Collaborative To Pursue Strategic Alternatives Including Full Sale; Estimates $2.25–$2.90/Share Valuation, A 90–140% Premium To Current Price

Author: Benzinga Newsdesk | July 08, 2025 03:17pm

Strategic alternatives, including a full sale of the business, must be pursued in order to unlock the full value of the platform.

Believes Grove could be conservatively valued at ~0.70x - 0.90x 2025E revenue in such a transaction, which equates to a ~90 - 140% premium to the Company's current share price of $1.19 or ~$2.25 - $2.90 per share on a fully diluted basis.

MIAMI , July 8, 2025 /PRNewswire/ -- HumanCo Investments ("HCI"), which is affiliated with investors that own more than 5% of Grove Collaborative Holdings, Inc. (NYSE:GROV) ("Grove" or the "Company") and are among the Company's largest shareholders, today sent a public letter to Grove's Board of Directors. The letter called on the Board to conduct a comprehensive review of strategic alternatives, including a sale to a larger strategic company or financial sponsor, or a transformative merger with a profitable company.

Posted In: GROV

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