Urban-gro shares surge 18.05% intraday as merger with Flash Sports & Media brings T20 rights to UGRO platform, eyes expansion in Bangladesh and UAE.

Urban-gro surged 18.05% intraday, driven by the completion of a stock merger with Flash Sports & Media, Inc. to bring T20 cricket rights to its platform, expansion plans into Bangladesh and the UAE’s high-growth cricket markets, and NASDAQ compliance restored via a 1-for-25 reverse stock split. The merger aims to leverage sponsorship revenue, 4K broadcasting upgrades, and recurring income streams, while the company enters a one-year monitoring period to maintain compliance.