Grove announces receipt of continued listing standards notice from nyse

San francisco--( business wire )--grove collaborative holdings, inc. (nyse: grov) (“grove” or “the company”), a leading sustainable consumer products company and certified b corp™, today announced it has received notice (the “notice”) from the new york stock exchange (the “nyse”) that the average per share trading price of its common stock (the “common stock”) was below the nyse's continued listing standard rule relating to minimum average share price. rule 802.01c of the nyse's listed company manual requires that a company's common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period.
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