---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-085414"
form_type: "8-K"
ticker: "UGRO"
cik: "0001706524"
company_name: "urban-gro, Inc."
filed_at: "2026-08-05T12:42:52+00:00"
generated_at: "2026-08-05T12:45:05.295831+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Flash Sports & Media signs term sheet to acquire 51% of Bongo for ~$25.7M; Bongo has ~$10M revenue

## Summary
- Pre-money valuation of Bongo at $35M; total consideration ~$25.7M (60% cash, 40% FLZH stock).
- Earnout up to $12M over 3 years for Bongo management based on revenue and EBITDA targets.
- Bongo reaches 300M+ viewers, 73M social followers; expects positive EBITDA post-closing.
- Target closing date September 15, 2026; term sheet non-binding except exclusivity and expense reimbursement.
- Stockholder approval required if FLZH shares issued exceed 19.99% of outstanding common stock.

## SEC filing metadata
- accession: 0001213900-26-085414
- form_type: 8-K
- ticker: UGRO
- cik: 0001706524
- company_name: urban-gro, Inc.
- filed_at: 2026-08-05T12:42:52+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706524/000121390026085414/0001213900-26-085414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706524/000121390026085414/ea0300599-8k_flash.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-085414
- JSON: https://secwatch.observer/filing/0001213900-26-085414.json
- Plain text: https://secwatch.observer/filing/0001213900-26-085414.txt

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