Urban-Gro Inc. Announces Intent to Sell 2WR Subsidiary to CM Capital Management

Reuters

08/14

Urban-Gro Inc. Announces Intent to Sell 2WR Subsidiary to CM Capital Management

Urban-Gro Inc. has announced that it has entered into a non-binding letter of intent with CM Capital Management for the proposed sale of its architectural design subsidiary, 2WR of Georgia, Inc. The transaction involves the transfer of all assets of 2WR. Urban-Gro has received a refundable deposit of $500,000, with additional cash expected at closing and upon meeting certain earn-out milestones. The sale is part of Urban-Gro's strategy to streamline operations and align with strategic growth priorities. Final terms are yet to be determined, pending negotiation, execution of definitive agreements, and due diligence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Urban-Gro Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1060940) on August 14, 2025, and is solely responsible for the information contained therein.

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Announces Intent to Sell 2WR Subsidiary to CM Capital Management","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Urban-Gro Inc. Announces Intent to Sell 2WR Subsidiary to CM Capital Management\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Urban-Gro Inc. has announced that it has entered into a non-binding letter of intent with CM Capital Management for the proposed sale of its architectural design subsidiary, 2WR of Georgia, Inc. The transaction involves the transfer of all assets of 2WR. Urban-Gro has received a refundable deposit of $500,000, with additional cash expected at closing and upon meeting certain earn-out milestones. The sale is part of Urban-Gro's strategy to streamline operations and align with strategic growth priorities. 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Announces Intent to Sell 2WR Subsidiary to CM Capital Management\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-14 20:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Urban-Gro Inc. Announces Intent to Sell 2WR Subsidiary to CM Capital Management\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Urban-Gro Inc. has announced that it has entered into a non-binding letter of intent with CM Capital Management for the proposed sale of its architectural design subsidiary, 2WR of Georgia, Inc. The transaction involves the transfer of all assets of 2WR. Urban-Gro has received a refundable deposit of $500,000, with additional cash expected at closing and upon meeting certain earn-out milestones. The sale is part of Urban-Gro's strategy to streamline operations and align with strategic growth priorities. 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ID: 1060940) on August 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4152","symbol_name":"农用农业机械","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250814:nNDLbBDQFT:1","article_id":"2559424954","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559424954","pubTimestamp":1755172857,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Urban-Gro Inc. has announced that it has entered into a non-binding letter of intent with CM Capital Management for the proposed sale of its architectural design subsidiary, 2WR of Georgia, Inc. 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