Corporate ActionJul 31, 2026, 04:25 PM
Flash Sports & Media Registers 62.67M Shares for Resale
AI Summary
Flash Sports & Media Holdings, Inc., formerly urban-gro, Inc., filed an S-1/A registration statement to register up to 62,670,547 shares of common stock for resale by selling stockholders. These shares originate from various corporate actions, including the merger with Flash Sports and Media, Inc. completed on February 17, 2026, a consulting agreement, and financing instruments like warrants and convertible notes. The company, which transitioned into a diversified sports, media, and experiential marketing platform, will not receive any proceeds from the sale of these shares by the selling stockholders.
Key Highlights
- Registers up to 62,670,547 shares of common stock for resale by selling stockholders.
- Shares include 54,509,000 from preferred stock conversion related to the merger with Flash Sports and Media, Inc.
- Includes 8,000,000 shares from warrants and convertible notes issued to Agile Hudson Partners LLC.
- Company completed merger with Flash Sports and Media, Inc. on February 17, 2026.
- Company changed name from urban-gro, Inc. to Flash Sports & Media Holdings, Inc. on June 12, 2026.
- Nasdaq ticker symbol changed from UGRO to FLZH.
- Entered Equity Purchase Agreement for up to $54,000,000 with Hudson Global Ventures, LLC.
- Common Stock last traded at $1.21 per share on Nasdaq on July 30, 2026.
Price Impact
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