Urban-Gro Inc.
Urban-gro, Inc. Enters into $2.775 Million Securities Purchase Agreement
Summary
On April 7, 2026, Urban-gro, Inc. entered into a Securities Purchase Agreement with Agile Hudson Partners LLC, under which the company agreed to issue a 12% secured promissory note in an aggregate principal amount of up to $2,775,000, at an aggregate purchase price of up to $2,525,000. The note is convertible into the company's common stock under certain conditions. The agreement also includes the issuance of common stock purchase warrants. The transaction is exempt from registration under the Securities Act of 1933, as it was offered to an accredited investor.
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About Urban-Gro Inc.
Urban-Gro Inc. is a design, engineering, and cultivation systems integration company catering primarily to the indoor agriculture space. The company provides comprehensive solutions that include architectural design, engineering, equipment integration, and cultivation systems to indoor commercial cannabis and food cultivation facilities. Urban-Gro Inc. enhances the efficiency and success of cultivation operations by delivering integrated systems tailored to the unique needs of each client. This encompasses environmental controls, fertigation stations, light deprivation systems, and LED lighting solutions. By serving the rapidly growing indoor cultivation market, the company bridges the gap between operational needs and technological advancements, playing a vital role in enhancing resource efficiency and sustainability in agriculture. As urban farming and controlled environment agriculture become increasingly prominent, Urban-Gro plays a significant role in meeting the demands of these evolving sectors.
Official SEC Documents
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