Welcome to our dedicated page for Urban-Gro news (Ticker: UGRO), a resource for investors and traders seeking the latest updates and insights on Urban-Gro stock.
urban-gro, Inc. operates as a diversified sports, media, and experiential marketing platform under the Flash Sports & Media brand. Company news centers on live-event production, original content, branded fan experiences, media-rights opportunities, sponsorship activity, and sports and entertainment intellectual property.
Recurring updates include urban-gro's participation in the Lanka Premier League through subsidiary Innovative Production Group FZ, LLC, including tournament, venue, registration, and commercial-partnership developments. Other news themes include Nasdaq listing compliance, shareholder voting matters, capital-structure actions, governance updates, and operating and financial results.
urban-gro, Inc. (NASDAQ: UGRO) has announced the pricing of a public offering of 5,400,000 shares at $10 each, totaling gross proceeds of $54 million. The underwriters have an additional option for 810,000 shares. The offering is set to close on February 17, 2021. Proceeds will support organic growth, expansion in the European CEA market, potential acquisitions, and debt repayment. Trading on the Nasdaq Capital Market begins on February 12, 2021, under the symbol UGRO.