Company: GROVW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001628280-25-038957
Chunk: 276

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 276
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 fulfillment costs, stock-based compensation and depreciation and amortization.(2)Includes stock-based compensation, depreciation and amortization and all non-operating expenses, except interest income.

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Table of ContentsGrove Collaborative Holdings, Inc.Notes to Condensed Consolidated Financial Statements (continued)(Unaudited)

12.    Net Loss Per Share Attributable to Common Stockholders

The following potentially dilutive shares were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented, because including them would have been anti-dilutive (on an as-converted basis):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Redeemable convertible preferred stock12,500,097 4,739,336 12,500,097 4,739,336 Restricted stock units4,938,665 5,132,111 4,938,665 5,132,111 Public Warrants and Private Placement Warrants2,800,146 2,800,146 2,800,146 2,800,146 Earn-Out Shares2,602,412 2,602,412 2,602,412 2,602,412 Options1,649,627 1,712,021 1,649,627 1,712,021 Common Stock Warrants473,895 2,596,673 473,895 2,596,673 ESPP Shares43,804 31,597 43,804 31,597 Total25,008,646 19,614,296 25,008,646 19,614,296 

13.    Subsequent Events

On July 8, 2025, the Company and Yorkville entered into the Amended SEPA in which the Company and Yorkville agreed to extend the commitment period under the SEPA to August 1, 2027 and amend the purchase price of any shares sold under the Amended SEPA. Under the Amended SEPA, the purchase price per share for Class A common stock will be of the lowest daily VWAP of the Company’s Class A common stock over the Pricing Period, as defined by the agreement, less a discount of 2.45%. Transaction costs related to the Amended SEPA were immaterial.

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CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This quarterly report on Form 10