Grove, Inc. (GRVI) Prices 2.2M Share IPO at $5/sh

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Grove, Inc. Announces Pricing of $11.0 Million Initial Public Offering and Nasdaq Listing

June 23, 2021 7:47 PM EDT

HENDERSON, NV, June 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove, Inc. (NASDAQ: GRVI) ("Grove" or the "Company"), today announced the pricing of an underwritten initial public offering of 2,200,000 shares of common stock at a public offering price of $5.00 per share for gross proceeds of approximately $11.0 million, prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has... More