LAFAYETTE, CO / ACCESS Newswire / February 17, 2026 / urban-gro, Inc. (Nasdaq:UGRO) ("urban-gro" or the "Company") today announced that it has completed its merger with Flash Sports and Media, Inc. (the "Merger") to acquire 100% of the outstanding shares of Flash Sports and Media, Inc. ("Flash"), a U.S.-based sports and media company dedicated to shaping the future of sports. Under the terms of the Merger, which was first announced on October 14, 2025, shareholders of Flash shall receive, pro rata in proportion to their respective stock ownership, (i) unregistered shares of the Company's Common Stock issued at closing in an amount that will not exceed the maximum number of shares permitted to be issued without stockholder approval under Nasdaq Listing Rule 5635(d), taking into account the 40,000 (post-split) shares of Common Stock issued in a transaction on January 23, 2026, and (ii) unregistered shares of a newly created series of non-voting Preferred Stock (the "Preferred Stock").
