urban-gro (UGRO) Stock Surges Nearly 78% After Hours — Here's Why - Urban-gro (NASDAQ:UGRO)

urban-gro Inc. (NASDAQ:UGRO) jumped 77.71% in after-hours trading to $5.74 on Tuesday following the company’s announcement that it completed its merger with U.S.-based Flash Sports and Media, Inc.The stock closed regular session down 10.03% at $3.23, according to Benzinga Pro data.Here’s How the Merger Deal Is StructuredOn Tuesday, the Colorado-based company acquired 100% of Flash’s outstanding shares. Under the terms of the deal, Flash shareholders will receive a capped amount of unregistered Common Stock ...