other material
confidence high
sentiment neutral
materiality 0.25
Urban-Gro clarifies issuance of 40,000 post-split shares at $0.10 for $200K proceeds
urban-gro, Inc.
- Issued 1,000,000 pre-split shares (40,000 post-split) at $0.10/share for aggregate gross proceeds of $200,000.
- Shares were sold to accredited investors in reliance on Section 4(a)(2) and Regulation D exemption.
- No additional shares or other equity securities will be issued under these Subscription Agreements.
- Investors received customary registration rights if company files a future registration statement.