other material
confidence high
sentiment negative
materiality 0.70
Urban-Gro secures $25M equity line from Hudson Global and $105k loan for Nasdaq compliance
urban-gro, Inc.
- Up to $25M ELOC with Hudson Global Ventures; company may direct purchases over 24 months at 90% of lowest traded prices.
- Issued warrant for 55,556 shares at $12.50 exercise price; $20k legal fee paid to investor.
- Also entered $105k secured term loan from Agile Capital Funding; 28-week term, proceeds for working capital and Nasdaq compliance.
- Reverse stock split 1-for-25 effected Feb 9, 2026; share numbers adjusted.
- Loan carries prepayment penalty equal to full interest through maturity; 5% default interest.