Grove Collaborative, Inc. Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

Significant Accounting Policies - Schedule of Reconciliation of Class A Ordinary Shares Reflected in the Condensed Balance Sheets (Detail)

Significant Accounting Policies - Schedule of Reconciliation of Class A Ordinary Shares Reflected in the Condensed Balance Sheets (Detail) - USD ($)			6 Months Ended	9 Months Ended	12 Months Ended
	Apr. 13, 2021	Mar. 25, 2021	Jun. 30, 2021	Sep. 30, 2021	Dec. 31, 2020	Mar. 31, 2021
Temporary Equity [Line Items]
Gross Proceeds		$ 350,000,000
Less: Proceeds allocated to Public Warrants	$ (9,000,000)			$ (10,050,000)
Plus: Accretion of carrying value to redemption value			$ 32,263,672
Class A ordinary shares subject to possible redemption		$ 350,000,000	$ 402,500,000	402,500,000		$ 350,000,000
Common Class A [Member]
Temporary Equity [Line Items]
Gross Proceeds				402,500,000	$ 402,500,000
Less: Proceeds allocated to Public Warrants				(10,101,143)	(10,101,143)
Less: Issuance costs related to Class A ordinary shares				(22,162,529)	(22,162,529)
Plus: Accretion of carrying value to redemption value				32,263,672	32,263,672
Class A ordinary shares subject to possible redemption				$ 402,500,000	$ 402,500,000

- Definition

Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References + Details