Naytri Shroff Sramek resigned from the Board of Grove Collaborative Holdings, Inc., effective August 27, 2026. John Replogle was appointed to replace her on the Audit Committee, and the Sustainability, Nominating and Governance Committee size was reduced from three to two directors. The Board also appointed Jason Karp as a Class III director for a term expiring in 2028. Mr. Karp is the founder and CEO of HumanCo and former CEO of Tourbillon Capital Partners. Grove Collaborative Holdings, Inc. operates in the consumer goods industry, selling sustainable household products online.

Grove Collaborative Holdings, Inc. received a notice from the New York Stock Exchange on August 7, 2026, indicating non-compliance with continued listing standards under Section 802.01B of the NYSE Listed Company Manual. The deficiency relates to failing to maintain an average market capitalization and stockholders’ equity of at least $50 million over a consecutive 30 trading-day period. The company must submit a business plan within 45 days demonstrating how it expects to regain compliance within nine months. Failure to submit or accept the plan could trigger delisting proceedings, though listing remains unaffected during the cure period if requirements are met. Grove Collaborative Holdings, Inc. operates in the e-commerce industry, selling household essentials and personal care products online.

Grove Collaborative Holdings reported second quarter 2026 financial results for the period ended June 30, 2026. Total net revenue was $36.6 million, a 16.9% decline year-over-year but a 1.0% increase sequentially. The company achieved positive Adjusted EBITDA of $0.5 million, marking the third consecutive quarter of profitability in this metric, while reporting a net loss of $0.9 million compared to $3.6 million in the prior year period. Operating cash flow was positive $1.3 million, and cash reserves totaled $11.4 million. The company reaffirmed its full-year 2026 net revenue guidance of $142.5 million to $152.5 million and Adjusted EBITDA guidance of breakeven to positive low single-digit millions. Grove Collaborative Holdings operates in the sustainable consumer products retail industry, selling household cleaning, personal care, and wellness items online.

On June 18, 2026, Chief Financial Officer and Principal Financial Officer Tom Siragusa notified the company of his intention to resign to pursue another opportunity, effective August 16, 2026. The company stated the departure was not due to any disagreement regarding operations, policies, or accounting practices and has begun searching for a successor. Additionally, at the 2026 annual meeting held June 18, stockholders elected Larry Cheng, Stuart Landesberg, and Kristine Miller as Class I directors and ratified Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Grove Collaborative Holdings, Inc. operates in the e-commerce industry, providing a subscription-based platform for sustainable household products.