tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

urban-gro Shareholders Approve Key Governance and Capital Measures

Story Highlights
  • Shareholders elected all director nominees and approved compensation and the equity plan.
  • Investors authorized a reverse stock split and higher share authorization, boosting capital flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
urban-gro Shareholders Approve Key Governance and Capital Measures

Claim 50% Off TipRanks Premium

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

On January 30, 2026, urban-gro held its 2025 Annual Meeting of Stockholders, with a quorum representing about 55.9% of eligible shares. Shareholders elected all five director nominees to one-year terms, approved an amendment to the company’s equity plan, ratified the appointment of Sadler, Gibb & Associates, LLC as independent auditor for the year ending December 31, 2025, and gave non-binding advisory approval to the compensation of named executive officers. Investors also authorized the board to implement a reverse stock split at a ratio between 1-for-2 and 1-for-25, approved a charter amendment to increase authorized common stock to 200 million shares, and backed a proposal to allow adjournment of the meeting if additional proxies were needed—though adjournment ultimately proved unnecessary. Collectively, the outcomes strengthen the board’s flexibility over capital structure and corporate governance, potentially supporting future financing or strategic initiatives and signaling shareholder support for current leadership and compensation practices.

The most recent analyst rating on (UGRO) stock is a Sell with a $0.18 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 Neutral.

The score is driven primarily by weak financial performance (contracting revenue, widening losses, and negative equity) and bearish technicals (below major moving averages with negative MACD). Corporate events add risk due to ongoing Nasdaq compliance/delisting issues, while valuation inputs are limited by the negative P/E and lack of dividend data.

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

More about urban-gro

Average Trading Volume: 5,602,134

Technical Sentiment Signal: Strong Sell

Current Market Cap: $3.42M

Find detailed analytics on UGRO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1