[8-K] urban-gro, Inc. Reports Material Event
urban-gro, Inc. disclosed that it entered into a non-binding letter of intent to sell all of the assets of 2WR of Georgia, Inc., a subsidiary that provides architecture design services, to an affiliate of CM Capital Management. The filing states the agreement is non-binding and attaches a press release as Exhibit 99.1 and an Inline XBRL cover page as Exhibit 104. The company expressly notes the furnished information is not deemed "filed" under Section 18 and is not incorporated by reference into other filings unless specifically identified. This report does not disclose any financial terms, timing, or closing conditions for the proposed sale.
urban-gro, Inc. ha comunicato di aver stipulato una lettera di intenti non vincolante per vendere tutti i beni di 2WR of Georgia, Inc., una controllata che fornisce servizi di progettazione architettonica, a un affiliato di CM Capital Management. Il deposito indica che l'accordo 猫 non vincolante e allega un comunicato stampa come Exhibit 99.1 e una pagina di copertina Inline XBRL come Exhibit 104. La societ脿 precisa espressamente che le informazioni fornite non sono considerate "presentate" ai sensi della Sezione 18 e non sono incorporate per riferimento in altri depositi a meno che non vengano specificamente identificate. Questo rapporto non rivela termini finanziari, tempistiche o condizioni di chiusura per la proposta vendita.
urban-gro, Inc. divulg贸 que celebr贸 una carta de intenciones no vinculante para vender todos los activos de 2WR of Georgia, Inc., una filial que presta servicios de dise帽o arquitect贸nico, a un afiliado de CM Capital Management. El documento indica que el acuerdo no es vinculante y adjunta un comunicado de prensa como Exhibit 99.1 y una portada Inline XBRL como Exhibit 104. La compa帽铆a se帽ala expresamente que la informaci贸n suministrada no se considera "presentada" en virtud de la Secci贸n 18 y no se incorpora por referencia en otros documentos a menos que se identifique espec铆ficamente. Este informe no revela t茅rminos financieros, plazos ni condiciones de cierre para la venta propuesta.
urban-gro, Inc.電� 瓯挫稌 靹り硠 靹滊箘鞀るゼ 鞝滉车頃橂姅 鞛愴殞靷� 2WR of Georgia, Inc.鞚� 氇摖 鞛愳偘鞚� CM Capital Management鞚� 瓿勳棿靷棎 毵り皝頃橁赴 鞙勴暅 甑啀霠� 鞐嗠姅 鞚橅枼靹�毳� 觳搓舶頄堧嫟瓿� 瓿奠嫓頄堨姷雼堧嫟. 鞝滌稖 靹滊電� 頃措嫻 頃╈潣臧� 甑啀霠レ澊 鞐嗢潓鞚� 氚濏瀳瓿� 氤措弰鞛愲毳� Exhibit 99.1搿�, Inline XBRL 響滌 韼橃澊歆�毳� Exhibit 104搿� 觳秬頃╇媹雼�. 須岇偓電� 鞝滉车霅� 鞝曤炒臧� 靹轨厴 18鞐� 霐半澕 "鞝滌稖霅�(filed)" 瓴冹溂搿� 臧勳＜霅橃 鞎婌溂氅�, 氇呾嫓鞝侅溂搿� 歆�鞝曤悩歆� 鞎婋姅 頃� 雼るジ 鞝滌稖靹滊鞐� 彀胳“搿� 韽暔霅橃 鞎婋姅雼り碃 氇呿檿頌� 氚濏様鞀惦媹雼�. 鞚� 氤搓碃靹滊姅 鞝滌晥霅� 毵り皝鞚� 鞛 臁瓣贝, 鞚检爼 霕愲姅 膦呹舶 臁瓣贝鞚� 瓿店皽頃橃 鞎婌姷雼堧嫟.
urban-gro, Inc. a d茅clar茅 avoir conclu une lettre d'intention non contraignante en vue de vendre la totalit茅 des actifs de 2WR of Georgia, Inc., une filiale fournissant des services de conception architecturale, 脿 une soci茅t茅 affili茅e de CM Capital Management. Le d茅p么t indique que l'accord n'est pas contraignant et joint un communiqu茅 de presse en tant que Exhibit 99.1 et une page de couverture Inline XBRL en tant que Exhibit 104. La soci茅t茅 pr茅cise express茅ment que les informations fournies ne sont pas r茅put茅es "d茅pos茅es" au sens de la Section 18 et ne sont pas incorpor茅es par renvoi dans d'autres d茅p么ts sauf si elles sont sp茅cifiquement identifi茅es. Ce rapport ne divulgue aucun terme financier, calendrier ou condition de cl么ture pour la vente propos茅e.
urban-gro, Inc. gab bekannt, dass es eine unverbindliche Absichtserkl盲rung zum Verkauf aller Verm枚genswerte von 2WR of Georgia, Inc., einer Tochtergesellschaft, die Architekturdienstleistungen anbietet, an ein verbundenes Unternehmen von CM Capital Management abgeschlossen hat. Die Einreichung weist darauf hin, dass die Vereinbarung unverbindlich ist, und f眉gt eine Pressemitteilung als Exhibit 99.1 sowie eine Inline-XBRL-Titelseite als Exhibit 104 bei. Das Unternehmen weist ausdr眉cklich darauf hin, dass die bereitgestellten Informationen gem盲脽 Abschnitt 18 nicht als "eingereicht" gelten und nicht durch Verweis in andere Einreichungen aufgenommen werden, es sei denn, sie werden ausdr眉cklich genannt. Dieser Bericht nennt keine finanziellen Bedingungen, zeitlichen Angaben oder Abschlussbedingungen f眉r den vorgeschlagenen Verkauf.
- The company publicly disclosed entry into a non-binding letter of intent to sell all assets of 2WR of Georgia, Inc.
- The transaction and communications are documented in the filing with a press release attached as Exhibit 99.1 and Inline XBRL cover page as Exhibit 104.
- The agreement is explicitly described as non-binding, so completion of a sale is not guaranteed.
- The filing does not disclose any financial terms, timing, or closing conditions for the proposed asset sale.
Insights
TL;DR Non-binding LOI announced for sale of a design-focused subsidiary; material but outcome uncertain without terms.
The filing reports a non-binding letter of intent to sell all assets of 2WR of Georgia, Inc. to an affiliate of CM Capital Management. As presented, the disclosure is procedural and does not include purchase price, payment structure, closing conditions, or timetable, which are crucial for assessing deal accretion or proceeds. The attached press release and exhibit references provide formal notice to investors, but until definitive agreements and financial terms are disclosed, valuation impact and strategic rationale remain undefined.
TL;DR The company followed disclosure protocols by furnishing a press release; the filing clarifies legal treatment of the information.
The report furnishes the existence of a non-binding LOI and attaches the press release as Exhibit 99.1, while explicitly stating the information is not "filed" under Section 18. That distinction limits legal exposure from the furnishing. The absence of binding documentation or material economic terms means corporate governance oversight will need to monitor negotiation progress and any related approvals before a material change occurs.
urban-gro, Inc. ha comunicato di aver stipulato una lettera di intenti non vincolante per vendere tutti i beni di 2WR of Georgia, Inc., una controllata che fornisce servizi di progettazione architettonica, a un affiliato di CM Capital Management. Il deposito indica che l'accordo 猫 non vincolante e allega un comunicato stampa come Exhibit 99.1 e una pagina di copertina Inline XBRL come Exhibit 104. La societ脿 precisa espressamente che le informazioni fornite non sono considerate "presentate" ai sensi della Sezione 18 e non sono incorporate per riferimento in altri depositi a meno che non vengano specificamente identificate. Questo rapporto non rivela termini finanziari, tempistiche o condizioni di chiusura per la proposta vendita.
urban-gro, Inc. divulg贸 que celebr贸 una carta de intenciones no vinculante para vender todos los activos de 2WR of Georgia, Inc., una filial que presta servicios de dise帽o arquitect贸nico, a un afiliado de CM Capital Management. El documento indica que el acuerdo no es vinculante y adjunta un comunicado de prensa como Exhibit 99.1 y una portada Inline XBRL como Exhibit 104. La compa帽铆a se帽ala expresamente que la informaci贸n suministrada no se considera "presentada" en virtud de la Secci贸n 18 y no se incorpora por referencia en otros documentos a menos que se identifique espec铆ficamente. Este informe no revela t茅rminos financieros, plazos ni condiciones de cierre para la venta propuesta.
urban-gro, Inc.電� 瓯挫稌 靹り硠 靹滊箘鞀るゼ 鞝滉车頃橂姅 鞛愴殞靷� 2WR of Georgia, Inc.鞚� 氇摖 鞛愳偘鞚� CM Capital Management鞚� 瓿勳棿靷棎 毵り皝頃橁赴 鞙勴暅 甑啀霠� 鞐嗠姅 鞚橅枼靹�毳� 觳搓舶頄堧嫟瓿� 瓿奠嫓頄堨姷雼堧嫟. 鞝滌稖 靹滊電� 頃措嫻 頃╈潣臧� 甑啀霠レ澊 鞐嗢潓鞚� 氚濏瀳瓿� 氤措弰鞛愲毳� Exhibit 99.1搿�, Inline XBRL 響滌 韼橃澊歆�毳� Exhibit 104搿� 觳秬頃╇媹雼�. 須岇偓電� 鞝滉车霅� 鞝曤炒臧� 靹轨厴 18鞐� 霐半澕 "鞝滌稖霅�(filed)" 瓴冹溂搿� 臧勳＜霅橃 鞎婌溂氅�, 氇呾嫓鞝侅溂搿� 歆�鞝曤悩歆� 鞎婋姅 頃� 雼るジ 鞝滌稖靹滊鞐� 彀胳“搿� 韽暔霅橃 鞎婋姅雼り碃 氇呿檿頌� 氚濏様鞀惦媹雼�. 鞚� 氤搓碃靹滊姅 鞝滌晥霅� 毵り皝鞚� 鞛 臁瓣贝, 鞚检爼 霕愲姅 膦呹舶 臁瓣贝鞚� 瓿店皽頃橃 鞎婌姷雼堧嫟.
urban-gro, Inc. a d茅clar茅 avoir conclu une lettre d'intention non contraignante en vue de vendre la totalit茅 des actifs de 2WR of Georgia, Inc., une filiale fournissant des services de conception architecturale, 脿 une soci茅t茅 affili茅e de CM Capital Management. Le d茅p么t indique que l'accord n'est pas contraignant et joint un communiqu茅 de presse en tant que Exhibit 99.1 et une page de couverture Inline XBRL en tant que Exhibit 104. La soci茅t茅 pr茅cise express茅ment que les informations fournies ne sont pas r茅put茅es "d茅pos茅es" au sens de la Section 18 et ne sont pas incorpor茅es par renvoi dans d'autres d茅p么ts sauf si elles sont sp茅cifiquement identifi茅es. Ce rapport ne divulgue aucun terme financier, calendrier ou condition de cl么ture pour la vente propos茅e.
urban-gro, Inc. gab bekannt, dass es eine unverbindliche Absichtserkl盲rung zum Verkauf aller Verm枚genswerte von 2WR of Georgia, Inc., einer Tochtergesellschaft, die Architekturdienstleistungen anbietet, an ein verbundenes Unternehmen von CM Capital Management abgeschlossen hat. Die Einreichung weist darauf hin, dass die Vereinbarung unverbindlich ist, und f眉gt eine Pressemitteilung als Exhibit 99.1 sowie eine Inline-XBRL-Titelseite als Exhibit 104 bei. Das Unternehmen weist ausdr眉cklich darauf hin, dass die bereitgestellten Informationen gem盲脽 Abschnitt 18 nicht als "eingereicht" gelten und nicht durch Verweis in andere Einreichungen aufgenommen werden, es sei denn, sie werden ausdr眉cklich genannt. Dieser Bericht nennt keine finanziellen Bedingungen, zeitlichen Angaben oder Abschlussbedingungen f眉r den vorgeschlagenen Verkauf.
FAQ
What did urban-gro (UGRO) disclose in this 8-K?
Is the letter of intent binding?
Does the filing include financial terms or a timetable for the sale?
Where can I find the company announcement?
Is the information in this filing considered "filed" under Section 18?
