Flash Sports & Media enters $880K convertible note financing with FirstFire Global

urban-gro, Inc.

Issued $880K principal convertible note at $800K purchase price ($80K OID) bearing 10% annual interest.
Note matures June 2027, convertible at $5.00/share, subject to 4.99% beneficial ownership cap and exchange cap of 10.69M shares.
Monthly amortization payments begin 180 days after closing; prepayment allowed with premium; default amount 150% of principal.
Issued 10,000 commitment shares as additional consideration; $7,500 withheld for buyer's legal fees.
Proceeds for business development and working capital; stockholder approval required under Nasdaq Rule 5635(d) for conversions above exchange cap.

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