04:35 PM EDT, 05/16/2025 (MT Newswires) -- Grove Collaborative ( GROV ) said late Friday it received a notice from the New York Stock Exchange for not meeting continued listing standards.

The notice relates to a rule requiring an average global market capitalization of at least $50 million over 30 consecutive trading days and stockholders' equity of at least $50 million, the company said.

Grove has 45 days to submit a business plan to the NYSE outlining how it intends to regain compliance.

The company said the notice doesn't immediately affect its stock listing.