Oct. 24 at 9:44 PM
$AGRO - Research Notes (Part 2 of 2)
Date/time checked: 2025-10-24 15:00 ET
Identity & price: urban-gro, Inc. (NASDAQ: UGRO) trading near ~
$0.39 per share.
Filings/news last 90d:
August 22, 2025: Received Nasdaq delisting determination and announced comprehensive review of strategic alternatives.
August 14, 2025: Entered non-binding letter of intent to sell subsidiary 2WR.
Dilution risk:
Thin market cap (~
$5-10 M) means any financing will heavily impact share count and price.
Liquidity:
Shares outstanding ~12.7 M per recent profile.
Average trades ~60 k shares; extremely thin volume and wide bid-ask spreads.
Balance sheet:
TTM revenue ~
$60 M (down ~17% YoY) with net loss >
$12 M.
Assets vs liabilities tight; operating cash burn remains a concern.
Catalysts:
Strategic alternatives review outcome (timing uncertain)
Upcoming earnings / contract wins in the CEA/cannabis sector
Sources:
https://finance.yahoo.com/quote/UGRO/
https://stockanalysis.com/stocks/ugro/
https://www.marketbeat.com/stocks/NASDAQ/UGRO/news/