Company: GROVW
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001628280-25-034525
Chunk: 1

Company: Grove Collaborative Holdings, Inc.
Filing Date: 2025-07-08
Form: 424B3
Chunk 1
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ended Purchase Agreement, we have the right to sell to the Selling Holder up to $100,000,000 of shares of our Class A Common Stock, subject to certain limitations and conditions set forth in the Amended Purchase Agreement, from time to time during the term of the Amended Purchase Agreement. Sales of Class A Common Stock to the Selling Holder under the Amended Purchase Agreement, and the timing of any such sales, are at our option, and we are under no obligation to sell any securities to the Selling Holder under the Amended Purchase Agreement. As of July 8, 2025, we have sold 147,965 shares under the Amended Purchase Agreement for total gross proceeds of $2.5 million. Issuance costs related to these shares are not material. As of July 8, 2025, there were 6,363,567 shares available to be sold to the Selling Holder under the Exchange Cap.

In accordance with our obligations under the Amended Purchase Agreement, we filed the registration statement of which this prospectus forms a part with the SEC to register under the Securities Act the resale by the Selling Holder of up to 6,511,532 shares of Class A Common Stock that we may elect, in our sole discretion, to issue and sell to the Selling Holder, from time to time under the Amended Purchase Agreement. Upon the satisfaction of the conditions to the Selling Holder’s purchase obligation set forth in the Amended Purchase Agreement, we will have the right, but not the obligation, from time to time at our discretion until August 1, 2027, to direct the Selling Holder to purchase an Advance by delivering an Advance Notice to the Selling Holder. While there is no mandatory minimum amount for any Advance, it may not exceed shares with a value of $25,000,000. The per share purchase price for the shares of Class A Common Stock, if any, that we elect to sell to the Selling Holder in an Advance pursuant to the Amended Purchase Agreement will be determined by reference to the lowest of the daily VWAPs during the three consecutive days during which the New York Stock Exchange is open for business commencing on the date the Advanced Notice is delivered to Selling Holder in accordance with the terms of the Amended Purchase Agreement, in each case calculated in accordance with the Amended Purchase Agreement, less a discount of 2.45%; provided, however, that we may establish a minimum acceptable price in each Advance Notice below which we shall not be obligated to make any sales to the