StockWatch
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Industrial Specialties
MergerJun 30, 2026, 05:11 PM

Flash Sports & Media Holdings (formerly urban-gro) completes merger

AI Summary

Flash Sports & Media Holdings, formerly urban-gro, Inc., completed its merger with Flash Sports & Media, Inc. on February 17, 2026, and subsequently changed its name on June 12, 2026. The company has pivoted its core business from Controlled Environment Agriculture to a diversified sports, media, and experiential marketing platform. This S-1 filing registers up to 62,670,547 shares of common stock for sale by selling stockholders, including shares from preferred stock conversions, consulting agreements, and warrant/note exercises.

Key Highlights

  • Merger with Flash Sports & Media, Inc. completed on February 17, 2026.
  • Company rebranded from urban-gro, Inc. to Flash Sports & Media Holdings, Inc. on June 12, 2026.
  • Business focus shifted from Controlled Environment Agriculture to sports, media, and marketing.
  • Registration of up to 62,670,547 common shares for sale by selling stockholders.
  • Shares include 51,789,000 from preferred stock conversion and 8,000,000 from warrants/notes.
  • New entity operates in UAE, India, US, South Africa, and Singapore.
  • Lanka Premier League (LPL) 2024 sponsorship media valuation reached $176.5 million.
  • ELOC Purchase Agreement with Hudson Global Ventures for up to $54,000,000.