Grove Collaborative Holdings, INC Schedule 13D activist filings

HCI Grove, LLC, along with associated entities and individuals, has updated its Schedule 13D filing to reflect the appointment of Jason H. Karp to the company's Board of Directors and detail their aggregate beneficial ownership.

Grove Collaborative Holdings, Inc. has entered into a Letter Agreement with its Investor Group, HCI Grove, LLC, to establish a working group focused on enhancing shareholder value and outlining confidentiality and standstill provisions.

Grove Collaborative Holdings, Inc. has formed a working group with activist shareholders to explore strategic alternatives aimed at maximizing stockholder value.

HumanCo Investments, a significant shareholder in Grove Collaborative Holdings, Inc., has filed a Schedule 13D urging the company's Board of Directors to immediately explore strategic alternatives, including a potential sale or take-private transaction, to unlock substantial shareholder value.

Volition Capital and its affiliates reported a decrease in their beneficial ownership of Grove Collaborative Holdings, Inc. Class A Common Stock to 23.7% due to dilution from the Issuer's recent share sales, not from their own dispositions.