SC 13G - GROVE, INC. (0001775194) (Subject)

SC 13G - GROVE, INC. (0001775194) (Subject)

SC 13G - GROVE, INC. (0001775194) (Subject)

SC 13G - GROVE, INC. (0001775194) (Subject)

Revenues Reach $24.1 Million, a 250% Increase Over 2020 Net Earnings of $2.9 Million or $.25 Per Share HENDERSON, NV, Sept. 29, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"), a global innovator in hemp, health, and wellness, today announced audited financial results for its fiscal year ended June 30, 2021 which surpassed preliminary results issued on June 28, 2021.   Investors are encouraged to read the Company's annual report on Form 10-K which was filed with the Securities and Exchange Commission (the "SEC"), contains additional information, and is posted at https://groveinc.io/ Financial Highlights $2

4 - UPEXI, INC. (0001775194) (Issuer)

4 - UPEXI, INC. (0001775194) (Issuer)

4 - UPEXI, INC. (0001775194) (Issuer)

4 - UPEXI, INC. (0001775194) (Issuer)

4 - UPEXI, INC. (0001775194) (Issuer)

4 - UPEXI, INC. (0001775194) (Issuer)

3 - UPEXI, INC. (0001775194) (Issuer)

4 - GROVE, INC. (0001775194) (Issuer)

4 - GROVE, INC. (0001775194) (Issuer)

4 - GROVE, INC. (0001775194) (Issuer)

8-K - UPEXI, INC. (0001775194) (Filer)

EFFECT - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

POS AM - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

10-Q - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

8-K - UPEXI, INC. (0001775194) (Filer)

Grove Inc. (NASDAQ:GRVI), a market leader in Amazon and eCommerce brand ownership and aggregation, announces that today, August 17, 2022, its trading name on the Nasdaq officially changed from "Grove Inc." to "Upexi, Inc." and its ticker symbol changed from "GRVI" to "UPXI". This accompanies previous press releases notifying investors of this change. CEO Allan Marshall stated, "Last month, we announced our growth strategy in a letter to shareholders that focused on our acquisition plan to bring more, profitable eCommerce brands in various industries under our umbrella. Moving to a new name and stock ticker is a reflection of the progress we have made and our goal for continued growth." No

Grove, Inc's (NASDAQ:GRVI) Upexi unit finalized the acquisition of the international pet care brand, LuckyTail, Inc.  What Happened? Lucky Tail has a strong presence on Amazon.com Inc (NASDAQ:AMZN) and its eCommerce store, offering grooming and nutritional products. Its products are also available on Chewy, Inc (NYSE: CHWY) Chewy.com.  The transaction was an all-cash transaction with earnout payments subject to growth and performance. The financial terms of the transaction remain undisclosed. Why Does It Matter? According to Fortune Business insights, the global pet care market was $207.90 billion in 2020.  The global impact of COVID-19 has been unprecedented and staggering, with pet car

Grove Inc (NASDAQ:GRVI) has taken formal steps to change its name to Upexi Inc. Its wholly-owned subsidiaries will be called Upexi Holdings LLC and Upexi Enterprises LLC. Grove, which started as a scaling hemp company, has expanded beyond the CBD (cannabinoid) industry and focuses on larger market opportunities in consumer brands, SaaS programmatic advertising technology, and direct-to-consumer markets. "The Direct-to-Consumer market will remain a key initiative as we believe consumer behavior has been changed forever and that profits and value will continue to be in this vertical," said CEO Allan Marshall. Price Action: GRVI shares are trading higher by 1.02% at $5.96 on the last chec

Grove Inc. (GRVI) Grove, Inc. has taken the formal steps to change its name to Upexi, Inc. and incorporated wholly owned subsidiaries; Upexi Holdings, LLC and Upexi Enterprises, LLC. The change is representative of the evolution of the business. Grove, Inc. started as a scaling hemp company but has become much more. The business has expanded beyond the CBD industry and will focus on the larger market opportunities in consumer brands, SaaS programmatic advertising technology, and its growing reseller and liquidation businesses for both Amazon and direct to consumer markets. Allan Marshall stated in a letter to shareholders, “The Direct-to-Consumer market will remain a key initiative as we be

Grove Inc's (NASDAQ:GRVI) Upexi has signed a non-binding letter of intent to acquire E-Core Inc and its brand subsidiaries, including New England Technology Inc (NETi) and Tytan Tiles. E-Core is a technology consulting and development services provider. The diversified business fits perfectly with the company's brand acquisition strategy and its recently acquired Cygnet Online business. As of March 31, Grove held a cash balance of $4.5 million, and recently the company completed a $16.5 million debt financing to fund acquisitions. Why It Is Important: The company is a great match for Grove's brand strategy. Management believes the team should be able to boost sales wi

Grove Inc (NASDAQ:GRVI) Chief Executive Officer Allan Marshall has released a letter to shareholders outlining future plans for the company. Marshall said despite facing challenges from COVID-19, transportation and logistics delays, inflationary pressures, and labor shortage, Grove's sales increased by an estimated 100% over 2021 with a compounded two-year sales growth rate of over 500%. Further, he noted that the company's 2022 acquisition strategy was slowed by extremely high valuations in the private sector. The organization plans to implement quality control procedures to improve all aspects of service to its customers. The CEO noted that Grove's future growth would come from its U

HENDERSON, Nev., Aug. 17, 2022 /PRNewswire/ -- Grove Inc. (NASDAQ:GRVI), a market leader in Amazon and eCommerce brand ownership and aggregation, announces that today, August 17, 2022, its trading name on the Nasdaq officially changed from "Grove Inc." to "Upexi, Inc." and its ticker symbol changed from "GRVI" to "UPXI". This accompanies previous press releases notifying investors of this change. CEO Allan Marshall stated, "Last month, we announced our growth strategy in a letter to shareholders that focused on our acquisition plan to bring more, profitable eCommerce brands in various industries under our umbrella. Moving to a new name and stock ticker is a reflection of the progress we have

Presentation Times and Weblinks Released for Over 50 Presenting CompaniesWednesday and Thursday, August 17-18, 2022NEW YORK, NY / ACCESSWIRE / August 16, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day August Micro-Cap Conference taking place Wednesday and Thursday, August 17-18, 2022. The links can also be found at www.sidoticonference.com/events.Presentation AgendaWednesday, August 17th, 2022 (Day 1)*All Times EDT8:30-9:00Mativ Holdings, Inc. (MATV)Brenmiller Energy, Ltd. (BNRG)Sify Technologies Ltd (SIFY)9:15-9:45MISTRAS Group (MG)Bassett Furniture (BSET)Silvercrest Asset Management Group (SAMG)10:00-10:30Anebulo Pharmaceuticals (ANEB)*****

HENDERSON, NV , Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) announced today that Allan Marshall, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company, August Virtual Microcap Conference on Wednesday, August 17, 2022 at 3:15 pm ET. The presentation can be accessed live at: https://sidoti.zoom.us/webinar/register/WN_FqCzxA3xTbOsMXr-Ml5X7Q Grove will also host virtual one-on-ones with investors throughout the conference.  To register for the presentation of a one-on-one meeting, visit https://www.sidoti.com/events/august-micro-cap-virtual-conference. Registration is free and you are not required to be a Sidoti & Company client. 

HENDERSON, NV, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) announced today that Allan Marshall, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company, August Virtual Microcap Conference on Wednesday, August 17, 2022 at 3:15 pm ET. The presentation can be accessed live at: https://sidoti.zoom.us/webinar/register/WN_FqCzxA3xTbOsMXr-Ml5X7Q Grove will also host virtual one-on-ones with investors throughout the conference.  To register for the presentation of a one-on-one meeting, visit www.sodoti.com/events.  Registration is free and you are not required to be a Sidoti & Company client.  About Grove, Inc.Grove, Inc. is an innova

HENDERSON, NV, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) Grove, Inc. has taken the formal steps to change its name to Upexi, Inc. and incorporated wholly owned subsidiaries; Upexi Holdings, LLC and Upexi Enterprises, LLC. The change is representative of the evolution of the business. Grove, Inc. started as a scaling hemp company but has become much more. The business has expanded beyond the CBD industry and will focus on the larger market opportunities in consumer brands, SaaS programmatic advertising technology, and its growing reseller and liquidation businesses for both Amazon and direct to consumer markets. Allan Marshall stated in a letter to sharehold

HENDERSON, NV, Aug. 02, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (GRVI) Upexi, wholly owned division of Grove, Inc., has signed a non-binding LOI to acquire E-Core, Inc and its brand subsidiaries, including New England Technology, Inc., and Tytan Tiles. The diversified business fits perfectly with the company's brand acquisition strategy and its recently acquired, Cygnet Online business. E-Core's Tytan Tile brand is available at multiple big box retailers and online stores. The company is a great match for Grove's brand strategy and management believes the team should be able to boost sales with an anticipated new Amazon launch and eCommerce advertising campaign upon clos

HENDERSON, NV, July 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove Inc. (GRVI) Grove, Inc. has taken the formal steps to change its name to Upexi, Inc. and incorporated wholly owned subsidiaries; Upexi Holdings, LLC and Upexi Enterprises, LLC. The change is representative of the evolution of the business. Grove, Inc. started as a scaling hemp company but has become much more. The business has expanded beyond the CBD industry and will focus on the larger market opportunities in consumer brands, SaaS programmatic advertising technology, and its growing reseller and liquidation businesses for both Amazon and direct to consumer markets. Allan Marshall stated in a letter to shareholders

HENDERSON, NV, July 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc.,  (NASDAQ:GRVI)  ("Grove" or the "Company"), today released a letter to shareholders from Chief Executive Officer, Allan Marshall. 2022 in review In our first year of operation as a public company we navigated the challenges of Covid-19, extreme inflationary pressure, employee shortages, along with transportation and logistics delays affecting all aspects of our business.  Despite these significant headwinds, we managed to complete our IPO, consolidate multiple acquisitions, and hit both our projected growth and profitability targets while remaining cash flow positive.  Sales rose by an estimated 100% over 20

HENDERSON, NV, July 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove Inc. (GRVI) announced that its wholly owned Adtech platform, Interactive Offers, continues its expansion into eCommerce with the addition of new partners within the financial industry to further boost its growing list of advertisers and publishers using its SaaS advertising platform. The company has now partnered with Outbrain, ZeroHedge, StreetAuthority, and InvestingDaily, who will now utilize Interactive's SaaS advertising technology to monetize their current database as well as bring in new, targeted leads/customers. Interactive Offers continues to establish its relationship with some of the biggest publishers

HENDERSON, NV, July 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"), today announced that it has completed a strategic debt investment to fund future growth. Under the terms of the loan, the Company, at the initial closing, drew $7.5 million of the $15 million available. The Company could draw down against the remainder should it be needed to fund further profitable acquisitions in the future. The loan amortizes over 30 months and bears interest at a rate of 13% per annum, 8.5% payable in cash on the first day of each month hereafter and 3.5% PIK payable each month in arrears. There are fees, financial covenants, and prepayment fees ass