urban-gro Settles Lawsuit with Stock Issuance Agreement

The latest update is out from urban-gro ( (UGRO) ).

On September 4, 2025, UG Construction, a subsidiary of urban-gro, Inc., underwent an asset sale after defaulting on a $10 million line of credit with Gemini Finance Corp. Subsequently, a lawsuit was filed against UG Construction and urban-gro, Inc. for a claim amount of $1,486,189. On September 26, 2025, a settlement agreement was reached, allowing urban-gro, Inc. to issue common stock to Gemini Finance Corp. to satisfy the claim, with conditions to prevent excessive stock ownership and market impact. The lawsuit will be dismissed upon completion of the stock issuance.

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

urban-gro, Inc. operates in the construction management industry through its wholly owned subsidiary UG Construction, Inc., also known as Emerald Construction Management, Inc. The company focuses on providing construction management services and has engaged in financial agreements to support its operations.

Average Trading Volume: 5,886,476

Technical Sentiment Signal: Sell

Current Market Cap: $5.38M

Learn more about UGRO stock on TipRanks’ Stock Analysis page.