other material
confidence high
sentiment negative
materiality 0.70
Flash Sports & Media confirms 53.5M shares outstanding after Series B conversion
urban-gro, Inc.
- Stockholders approved conversion of Series B Preferred Stock at special meeting on June 12, 2026.
- Conversion price set at $3.23 per share.
- As of June 17, 2026, issued and outstanding common stock: 53,539,119 shares.
- Conversion exceeded 19.99% of prior outstanding shares, triggering Nasdaq approval requirement.
- Dilution from preferred conversion increases share count significantly.