Humanco investments sends letter to the board of directors of grove collaborative

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.
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