Business Context and Reporting Period
Company: Grove Collaborative Holdings, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 15, 2025
Reporting Period: Event-based report regarding corporate governance and capital structure changes.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Retirement of Class B Common Stock: The Company filed a Certificate of Retirement with the Delaware Secretary of State to retire all shares of Class B common stock.
- Stock Conversion: Effective February 14, 2025, at 5:00 p.m. New York City Time, all outstanding Class B shares were converted into Class A common stock.
- Reduction of Authorized Shares: The total authorized capital stock was reduced to 700,000,000 shares, consisting of 600,000,000 Class A Common Stock and 100,000,000 Preferred Stock.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is strictly procedural regarding the amendment of the Certificate of Incorporation.
Investor Verification Checklist
- Verify the effective date of the Class B to Class A conversion (February 14, 2025).
- Confirm the new authorized share count (700,000,000 total).
- Review the attached Exhibit 3.1 (Certificate of Retirement) for specific legal terms.
- Note that this filing does not impact reported financial results for the period.