SAN FRANCISCO–(BUSINESS WIRE)–February 22, 2022–
Grove Collaborative (“Grove” or “the Company”), a leader in consumer sustainable products, today announced that Stuart Landesberg, Co-Founder and CEO, will participate in a virtual fireside chat during RBC Capital Markets 2022 Environmental, Social, and Governance Conference on Wednesday, February 23, 2022 at 11:15 a.m. EST.
The fireside chat will be streamed live on the company’s Investor Relations website, investors.grove.co. Following the event, a replay will be available for 14 days.
On December 8, 2021, Grove and Virgin Group Acquisition Corp. II (“VGII”) (NYSE: VGII), a publicly traded Special Purpose Acquisition Company (SPAC) sponsored by Virgin Group, have entered into a definitive business combination agreement that will result in Grove becoming a public company. Upon closing of the transaction, the combined company will continue to operate under the Grove name and will list on the NYSE under the new symbol “GROV”.
About Grove Collaborative
Launched in 2016 as a certified B Corp, Grove Collaborative transforms consumer products into a positive force for human and environmental good. Grove creates and curates high-performing, planet-first products in home cleaning, personal care, laundry, clean beauty, and pets, serving millions of homes across the United States. United. With a flexible monthly delivery model and access to knowledgeable Grove guides, Grove makes it easy for people to build lasting routines. Every item Grove offers, from the two brands they make – like their flagship brand Grove Co., vegan plastic-free personal care line Peach not Plastic and clean skincare brand Superbloom – and exceptional third-party brands, has been carefully examined. strict standards for clean ingredients, efficacy, sustainability, cruelty-free formulas and ethical supply chain practices. Grove Collaborative, a charitable corporation, is on a mission to go beyond plastic and recently entered physical retail for the first time at Target stores nationwide. Grove is the world’s first plastic-neutral retailer and is committed to being 100% plastic-free by 2025. For more information, visit bosquet.com.
About Virgin Group Acquisition Corp. II
Virgin Group Acquisition Corp. It was formed for the purpose of effecting a merger, consolidation, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Sir Richard Branson, is the company’s founder, founder of the Virgin Group and a renowned global entrepreneur; Josh Bayliss, chairman and chief executive and director of the company, who is the chairman and chief executive of the Virgin Group and is responsible for the Virgin Group’s strategic development, global brand licensing and management of direct investments on behalf of the Virgin Group in various companies around the world; and Evan Lovell, Chief Financial Officer and Company Director, who is the Virgin Group’s Chief Investment Officer and is responsible for managing the Virgin Group’s investment team and portfolio in North America.
Additional information and where to find it
In connection with the proposed business combination, VGII filed with the SEC on January 18, 2022 a registration statement on Form S-4 containing a preliminary proxy statement and a preliminary prospectus of VGII, and once the registration declared effective, VGII will mail to its shareholders a definitive proxy statement/prospectus relating to the proposed business combination. This press release does not contain all of the information to be considered regarding the proposed business combination and is not intended to form the basis of an investment decision or any other decision relating to the business combination. . VGII shareholders and other interested persons are advised to read the proxy statement/preliminary prospectus and, when available, amendments thereto and the proxy statement/definitive prospectus and other documents filed in connection with the proposed business combination, as these documents will contain important information regarding Grove, VGII and the proposed business combination. When available, the definitive proxy statement/prospectus and other documents relevant to the proposed business combination will be mailed to VGII shareholders on a record date to be determined to vote on the business combination. proposed companies. Such shareholders may also obtain copies of the proxy statement/preliminary prospectus, definitive proxy statement/prospectus, and other documents filed with the SEC, free of charge, when they become available, at SEC website at www.sec.govor by making a request to Virgin Acquisition Corp. II, 65 Bleecker Street, 6th Floor, New York, New York 10012.
No offer or solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor a solicitation of any vote or approval, and there will be no sale of such securities in any state or jurisdiction. in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or territory.
Participants in the solicitation
VGII, Grove and their respective directors, officers, other officers and employees, under SEC rules, may be considered participants in the solicitation of proxies from VGII stockholders in connection with the proposed business combination . Information regarding persons who may, under SEC rules, be considered participants in the solicitation of VGII shareholders in connection with the proposed business combination will be set forth in VGII’s registration statement on Form S. -4, including a proxy statement/prospectus, which VGII filed with the SEC on January 18, 2022. Investors and security holders may obtain more detailed information regarding the names and interests in the proposed business combination directors and officers of VGII in VGII’s filings with the SEC and such information will also be contained in the registration statement to be filed with the SEC by VGII, which will include VGII’s proxy statement/prospectus for the proposed business combination.
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our expectations, our hopes or those of our management team. beliefs, intentions, plans, prospects or strategies regarding the future, including possible business combinations, revenue growth and financial performance, expansion of products and services. All statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statement that refers to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, is a forward-looking statement. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “could”, “plan”, ” possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of such words does not mean that a statement is not prospective. The forward-looking statements contained in this press release are based on our current expectations and beliefs made by the management of VGII and Grove in light of their respective experience and their perception of historical trends, current conditions and expected future developments and their potential effects on VGII and Grove and such other factors as they deem appropriate in the circumstances. There can be no assurance that future developments affecting VGII or Grove will be those anticipated by us. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements, including that VGII shareholders will approve the transaction, regulatory approvals, acceptance of products and services, and that Grove will have sufficient capital upon approval of the transaction to operate as intended. Should one or more of these risks or uncertainties materialize, or should one of our assumptions prove incorrect, actual results may differ materially from those projected in these forward-looking statements. Other factors that could cause actual results to differ are discussed under “Risk Factors” and other sections of VGII’s filings with the SEC, and in VGII’s current and periodic reports. filed or provided from time to time with the SEC. All forward-looking statements contained in this press release are made as of the date hereof based on information available to VGII and Grove as of the date hereof, and VGII and Grove undertakes no obligation to update any forward-looking statement. , whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: COSMETICS DISTRIBUTION OTHER CONSUMERS CONSUMER ENVIRONMENT PETS
SOURCE: Grove Collaboration
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PUBLISHED: 2/22/2022 4:05 PM / DISK: 2/22/2022 4:06 PM