secwatch.observer — SEC 8-K summary
======================================

Issuer:     urban-gro, Inc. (UGRO)
CIK:        0001706524
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001213900-25-075804
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

urban-gro settles HVAC equipment dispute with $395,556 note and 150,000 shares
------------------------------------------------------------------------------

- Settlement resolves nonpayment of $326,358.52 second installment for Trane HVAC equipment ordered June 2023.
- Issued 8-month promissory note for $395,556 at 12% interest; seven $50k payments, final $64,046.95.
- Issued 150,000 unregistered shares of common stock to J Brrothers, exempt under Section 4(a)(2) and Regulation D.
- Note may be prepaid without penalty; default interest rate of 17%.
- Agreement includes mutual release, confidentiality, and acknowledgment of urban-gro's responsibility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706524/000121390025075804/0001213900-25-075804-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706524/000121390025075804/ea0252926-8k_urban.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-075804

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer