Urban-Gro, Inc. has entered into a binding letter of intent with Flash Sports & Media, Inc. for a proposed merger. Under the terms of the agreement, Flash will merge with a newly formed wholly-owned subsidiary of Urban-Gro, which will then merge with a second wholly-owned subsidiary. Flash has agreed to pay Urban-Gro a $200,000 cash deposit as part of the agreement. Following the completion of the merger, the board of directors will be reconstituted to include members designated by both the current Urban-Gro board and former Flash stockholders. The parties have agreed to a 90-day exclusivity period to negotiate and execute a definitive merger agreement.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-098387), on October 14, 2025, and is solely responsible for the information contained therein.