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urban-gro Resolves Dispute with Settlement Agreement

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urban-gro Resolves Dispute with Settlement Agreement

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An announcement from urban-gro ( (UGRO) ) is now available.

On August 8, 2025, urban-gro, Inc. entered into a Settlement and Release Agreement with J Brrothers LLC and Herb-a-More LLC to resolve a dispute over payments for HVAC equipment. As part of the agreement, urban-gro issued a promissory note of $395,556 to J Brrothers, accruing 12% interest, and 150,000 unregistered shares of common stock. The note is to be repaid in monthly installments over eight months, with a final payment due by March 18, 2026, and includes a 17% default interest rate, impacting urban-gro’s financial obligations and stakeholder relations.

The most recent analyst rating on (UGRO) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on urban-gro stock, see the UGRO Stock Forecast page.

Spark’s Take on UGRO Stock

According to Spark, TipRanks’ AI Analyst, UGRO is a Underperform.

urban-gro’s overall stock score is low due to significant financial, technical, and corporate challenges. The company’s negative profitability and weak balance sheet weigh heavily on its financial health. Additionally, technical indicators point to continued downward momentum, with substantial risks from potential Nasdaq delisting adding to investor concerns. While there is some improvement in cash flow, it is overshadowed by persistent financial and operational issues.

To see Spark’s full report on UGRO stock, click here.

More about urban-gro

Average Trading Volume: 1,293,160

Technical Sentiment Signal: Sell

Current Market Cap: $5.42M

See more data about UGRO stock on TipRanks’ Stock Analysis page.

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