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Virgin Group Acquisition Corp. Shareholders Approve Grove Collaborative Deal

New Grove’s shares to begin trading on the NYSE on Friday, June 17, 2022.

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By: Christine Esposito

Editor-in-Chief

Virgin Group Acquisition Corp. II, the publicly traded special purpose acquisition company sponsored by Virgin Group, says its shareholders voted to approve the previously announced business combination with Grove Collaborative, Inc. More than 91% of the votes cast at the company’s special meeting were in favor of the approval of the business combination. The alliance expected to close on June 16, 2022, subject to the satisfaction of customary closing conditions. In connection with the ...

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