Form 4: AWM Investment Company Reduces Stake in urban-gro, Inc.

AWM Investment Company, Inc. has sold a portion of its holdings in urban-gro, Inc. through a series of transactions.

Summary

• AWM Investment Company, Inc. has reported the sale of urban-gro, Inc. common stock.
• The sales occurred on December 5th, 6th and 9th of 2024.
• A total of 10,000 shares were sold on December 5th at a weighted average price of $1.2684.
• On December 6th, 24,760 shares were sold at a weighted average price of $1.2643.
• A further 20,916 shares were sold on December 9th at a weighted average price of $1.2326.
• Following these transactions, AWM Investment Company, Inc. indirectly holds 1,289,969 shares of urban-gro, Inc. common stock through limited partnerships.
• AWM Investment Company, Inc. is the investment advisor to Special Situations Fund III QP, L.P. and Special Situations Cayman Fund, L.P.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock sales, with no clear positive or negative sentiment.

Negatives

• AWM Investment Company, Inc. has reduced its stake in urban-gro, Inc. through a series of sales.

Risks

• Continued selling by AWM Investment Company, Inc. could put downward pressure on the stock price.
• The sales may indicate a change in AWM's outlook on urban-gro, Inc.

Management Comments

• The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein.
• This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Industry Context

This filing is a routine disclosure of stock sales by a major shareholder and is common in the financial markets.

Comparison to Industry Standards

• Similar filings are made by institutional investors across the market when they adjust their holdings in publicly traded companies.
• The size of the transactions is not unusual for a fund of this type.

Stakeholder Impact

• The sales may cause a slight decrease in the share price of urban-gro, Inc.

Key Dates

Keywords

urban-gro, AWM Investment Company, share sale, stock transaction, beneficial ownership, UGRO