Grove collaborative announces 1-for-5 reverse stock split

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 that its board of directors approved a reverse stock split of the company's common stock at a 1-for-5 ratio. on may 24, 2023, the company's stockholders approved a reverse stock split of the company's common stock using a split ratio of not less than 1-for-5 and not more than 1-for-25, with the final det.
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