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Grove Collaborative Announces Principals Agree to Backstop SPAC Business Combination With Virgin Group Acquisition Corp. II - Vimarsana News

Grove Collaborative Announces Principals Agree to Backstop SPAC Business Combination With Virgin Group Acquisition Corp. II

● New $50 million backstop designed to provide additional liquidity for the pro forma company to pursue growth ● $27.5 million investment in Grove at signing ● $22.5 million... | April 4, 2022