---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-047598"
form_type: "8-K"
ticker: "UGRO"
cik: "0001706524"
company_name: "urban-gro, Inc."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:12:58.866362+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# urban-gro restructures ~$1.94M debt with Hudson; forbearance until Apr 30, share exchange

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-047598
- form_type: 8-K
- ticker: UGRO
- cik: 0001706524
- company_name: urban-gro, Inc.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706524/000121390026047598/0001213900-26-047598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706524/000121390026047598/ea0287708-8k_urban.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-047598
- JSON: https://secwatch.observer/filing/0001213900-26-047598.json
- Plain text: https://secwatch.observer/filing/0001213900-26-047598.txt

## Source-grounded claims
- claim_id: 09f5a84bd4e802bd795841329baed9e69330a777
  claim: urban-gro, Inc. amended loan of increased to $2,800,000 with Hudson Global Ventures, LLC.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706524/000121390026047598/0001213900-26-047598-index.htm
- claim_id: 87ad17ab5accd0900df5b231120feca5a0532837
  claim: urban-gro, Inc. entered into Forbearance Agreement with Hudson Global Ventures, LLC (effective 2026-04-20).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706524/000121390026047598/0001213900-26-047598-index.htm
- claim_id: f75c7b1e9b2ec863a121cf2c74891e879bbe645a
  claim: urban-gro, Inc. entered into Exchange Agreement with Hudson Global Ventures, LLC (effective 2026-04-20).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1706524/000121390026047598/0001213900-26-047598-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.