Hydrofarm Holdings Group, Inc. has entered into an agreement and mutual release to settle all claims related to a specific engagement, according to a Form 8-K filed with the SEC on October 5, 2026.
In connection with this settlement, the company agreed to issue 300,000 shares of a newly designated non-voting, convertible series of preferred stock. These Preferred Shares are convertible into 300,000 shares of common stock upon approval by the company’s stockholders and Nasdaq Stock Market LLC. The issuance is exempt from registration under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D, and the recipient is an accredited investor acquiring the shares for investment purposes only.
Additionally, on October 7, 2026, the company posted a presentation to the Investors section of its website at hydrofarm.com. The company intends to use this presentation in communications with investors, analysts, and other market participants.
