Grove Collaborative Holdings Stockholder Meeting Report
Ticker: GROVW · Form: 8-K · Filed: May 29, 2024 · CIK: 1841761
Sentiment: neutral
Topics: corporate-governance, stockholder-meeting
TL;DR
Grove Collaborative held a shareholder meeting on 5/23 to elect directors. Standard governance stuff.
AI Summary
Grove Collaborative Holdings, Inc. filed an 8-K on May 29, 2024, reporting on a meeting of its stockholders held on May 23, 2024. The primary purpose of the meeting was to vote on the election of directors and other corporate matters. The company, formerly known as Virgin Group Acquisition Corp. II, is incorporated in Delaware and headquartered in San Francisco, California.
Why It Matters
This filing indicates routine corporate governance activities, including the election of directors, which are essential for the ongoing operation and strategic direction of Grove Collaborative Holdings, Inc.
Risk Assessment
Risk Level: low — The filing pertains to standard corporate governance procedures and does not disclose any new material risks or significant financial events.
Key Players & Entities
- Grove Collaborative Holdings, Inc. (company) — Registrant
- Virgin Group Acquisition Corp. II (company) — Former company name
- May 23, 2024 (date) — Date of earliest event reported
- May 29, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- San Francisco, California (location) — Principal executive offices
FAQ
What was the primary purpose of the stockholder meeting held on May 23, 2024?
The primary purpose of the stockholder meeting was the submission of matters to a vote of security holders, including the election of directors.
When was the 8-K filing submitted to the SEC?
The 8-K filing was submitted to the SEC on May 29, 2024.
What is the exact name of the registrant?
The exact name of the registrant is Grove Collaborative Holdings, Inc.
In which state is Grove Collaborative Holdings, Inc. incorporated?
Grove Collaborative Holdings, Inc. is incorporated in Delaware.
What is the address of the principal executive offices?
The address of the principal executive offices is 1301 Sansome Street, San Francisco, California, 94111.
Filing Stats: 703 words · 3 min read · ~2 pages · Grade level 13.6 · Accepted 2024-05-29 16:12:58
Key Financial Figures
- $0.0001 — tered Class A common stock, par value $0.0001 GROV New York Stock Exchange Indicate
Filing Documents
- grov-20240523.htm (8-K) — 40KB
- 0001628280-24-025616.txt ( ) — 165KB
- grov-20240523.xsd (EX-101.SCH) — 2KB
- grov-20240523_lab.xml (EX-101.LAB) — 22KB
- grov-20240523_pre.xml (EX-101.PRE) — 13KB
- grov-20240523_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. At the 2024 annual meeting of stockholders of Grove Collaborative Holdings, Inc. (the "Company") held on May 23, 2024 (the "Annual Meeting"), the following proposals were submitted to the stockholders of the Company: Proposal 1: The election of two Class II directors to hold office until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified. Proposal 2: The ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ended December 31, 2024. For more information about the foregoing proposals, see the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 5, 2023. Of the 94,261,313 votes represented by shares of the Company's common stock and Series A Preferred Stock entitled to vote at the Annual Meeting, shares representing 62,556,313 votes, or approximately 66% of the total voting power, were represented at the meeting in person or by proxy, constituting a quorum. The voting totals set forth below include votes cast by holders of Series A Preferred Stock, which had 473.9336 votes per share, Class A common stock, which had 1 vote per share, and Class B common stock, which had 10 votes per share. The number of votes cast for or against, as well as abstentions and broker non-votes, if applicable, in respect of each such matter is set forth below: Proposal 1: Election of Directors. The Company's stockholders elected the following nominees to serve as Class II directors until the 2027 annual meeting of stockholders. The votes regarding the election of directors were as follows: Director Votes For Votes Withheld Broker Non-Votes John Replogle 53,150,664 2,826,407 6,579,242 Jeff Yurcisin 55,894,738 82,333 6,579,242 Proposal 2: Ratification of Appointment of Ernst & Young LLP. The Company's stockholders ratified the selectio
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GROVE COLLABORATIVE HOLDINGS, INC. By: /s/ Scott Giesler Name: Scott Giesler Title: General Counsel and Secretary Date: May 29, 2024