secwatch.observer — SEC 8-K summary
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Issuer:     urban-gro, Inc. (UGRO)
CIK:        0001706524
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001213900-26-020416
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

urban-gro enters forbearance; debt balance rises to $1.38M, issues 37,505 shares to Agile
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- Forbearance period through March 21, 2026; Agile refrains from remedies for projected defaults.
- Note balance increased from $972,200 to $1,380,524 via $408,324 forbearance fee added to principal.
- Company issues 37,505 shares valued at $2.42 each ($90,762) to reduce Note principal.
- Stock issuance is unregistered, exempt under Section 3(a)(9) of the Securities Act.
- Forbearance fee deemed earned at effective date; no waiver of existing or future defaults.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706524/000121390026020416/0001213900-26-020416-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706524/000121390026020416/ea0278347-8k_urban.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-020416

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