urban-gro enters $1.05M term loan with Agile Lending, 28-week maturity

urban-gro, Inc.

Term loan of $1,050,000 from Agile Lending, effective June 24, 2025, for general business requirements.
Administrative agent fee of $50,000 added to principal; 28-week maturity from effective date.
Prepayment requires premium equal to aggregate interest through maturity; discounted fee for prepayment within 60 days.
Upon default, lenders obtain security interest in certain assets; default rate adds 5% to interest.
Loan is secured by promissory note; subsidiaries guarantee jointly and severally.

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