8-K
filed April 24, 2026, 7:59 PM ET
ticker UGRO
CIK 0001706524
other material
confidence high
sentiment negative
materiality 0.75
urban-gro, Inc. (UGRO): debt financing — urban-gro restructures ~$1.94M debt with Hudson; forbearance until Apr 30, share exchange
urban-gro, Inc.
- Outstanding loan ~$1.94M was in default; principal increased to $2.8M under forbearance agreement.
- Hudson Global Ventures became lender after Grow Hill assigned loan documents on April 20.
- Forbearance period runs to earlier of Apr 30, 2026 or termination events; fees capitalized.
- Exchange Agreement: Hudson to receive free-trading common shares in exchange for partial debt reduction.
- Holding period for shares tacks to Oct 1, 2024 for Rule 144 resale without volume/manner limits.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
urban-gro, Inc. amended loan of increased to $2,800,000 with Hudson Global Ventures, LLC.
- Instrument
- loan
- Principal
- increased to $2,800,000
- Counterparty
- Hudson Global Ventures, LLC
- Event
- amendment
Exact text from the filing
that the Borrower complies with the terms of the Forbearance Agreement . In consideration for Hudson’s agreement to forbear, the principal balance of the loan was increased to $2,800,000, which includes a forbearance fee capitalized into the loan balance, the Borrower agreed to pay certain fees and expenses, including legal fees, and the Borrower reaffirmed its
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
urban-gro, Inc. issued common stock to Hudson Global Ventures, LLC.
- Security
- common stock
- Purchaser
- Hudson Global Ventures, LLC
Exact text from the filing
the Company entered into the Exchange Agreement with Hudson pursuant to which Hudson agreed to reduce a portion of the outstanding loan balance (the "Note Exchange Amount") and the Company agreed to issue shares of its common stock
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
urban-gro, Inc. entered into Forbearance Agreement with Hudson Global Ventures, LLC (effective 2026-04-20).
- Action
- entry
- Counterparty
- Hudson Global Ventures, LLC
- Effective
- 2026-04-20
Exact text from the filing
On April 20, 2026, urban-gro, Inc. (the “Company”) and its wholly owned subsidiary, urban-gro Canada Technologies Inc. (together with the Company, the “Borrower”), entered into a Forbearance Agreement (the “Forbearance Agreement”) and an Exchange Agreement (the “Exchange Agreement”) with Hudson Global Ventures, LLC (“Hudson”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
urban-gro, Inc. entered into Exchange Agreement with Hudson Global Ventures, LLC (effective 2026-04-20).
- Action
- entry
- Counterparty
- Hudson Global Ventures, LLC
- Effective
- 2026-04-20
Exact text from the filing
Concurrently with the Forbearance Agreement, the Company entered into the Exchange Agreement with Hudson pursuant to which Hudson agreed to reduce a portion of the outstanding loan balance (the “Note Exchange Amount”) and the Company agreed to issue shares of its common stock, par value $0.001 per share (the “Exchange Shares”), to Hudson in exchange therefor.
View on SEC.gov
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