US EditionIPG to Expand T20 Cricket Footprint Across Sri Lanka, Malaysia and Zimbabwe Following Merger ...
The merger places Lanka Premier League commercial rights on NASDAQ-listed UGRO to enable scalable growth, with strategic focus on expanding revenue and market presence.
- On March 23, 2026, Innovative Production Group FZ, LLC completed an all-stock merger with Flash Sports & Media, Inc., bringing its Lanka Premier League rights onto NASDAQ-listed urban-gro, Inc. .
- The move aims to rapidly scale and commercialize cricket league assets to drive sponsorship and media partnerships, executives said, framing it as a path to long-term shareholder value and market expansion.
- The sixth edition of the Lanka Premier League featured 24 matches from December 1 to December 23, 2025, across Colombo, Dambulla and Kandy, with IPG, founded by Anil Mohan Sankhdhar, as rights holder.
- The press release warned that benefits depend on successful post-merger integration, regulatory approvals, and securing sponsorship and media partnerships, while Bradley Nattrass said the deal accelerates execution across cricket economies.
- The deal positions urban-gro, Inc. to shape and elevate sports through a diversified platform leveraging proprietary intellectual property and strategic partnerships to engage brands, sponsors and media partners.
12 Articles
12 Articles
IPG to Expand T20 Cricket Footprint Across Sri Lanka, Malaysia and Zimbabwe Following Merger ...
COLOMBO, Sri Lanka, March 23, 2026 (GLOBE NEWSWIRE) -- Innovative Production Group FZ, LLC (“IPG”) has completed its strategic all-stock merger with Flash Sports & Media, Inc. (“Flash”) bringing its portfolio of T20 league commercial rights — including the Lanka…
The Toronto Star
IPG to Expand T20 Cricket Footprint Across Sri Lanka, Malaysia and Zimbabwe Following Merger with Flash Sports & Media, Inc., following Flash’s merger with NASDAQ-listed urban-gro, Inc.
COLOMBO, Sri Lanka, March 23, 2026 (GLOBE NEWSWIRE) -- Innovative Production Group FZ, LLC (“IPG”) has completed its strategic all-stock merger with Flash Sports & Media, Inc. (“Flash”) bringing its portfolio of T20 league commercial rights — including the Lanka…
IPG to Expand T20 Cricket Footprint Across Sri Lanka, Malaysia and Zimbabwe Following Merger with Flash Sports & Media, Inc., following Flash's merger with NASDAQ-listed urban-gro, Inc. - Urban-gro (NASDAQ:UGRO)
COLOMBO, Sri Lanka, March 23, 2026 (GLOBE NEWSWIRE) -- Innovative Production Group FZ, LLC ("IPG") has completed its strategic all-stock merger with Flash Sports & Media, Inc. ("Flash") bringing its portfolio of T20 league commercial rights — including the Lanka Premier League ("LPL") — to the NASDAQ-listed platform UGRO (NASDAQ:UGRO). The move marks a significant moment for IPG and the leagues it manages, positioning them within a publicly gove…
Blockonomi
Bitcoin Ethereum NewsUrban-gro (UGRO) Stock Rockets 60% Following Cricket Media Rights Acquisition
Quick Summary Urban-gro (UGRO) shares climbed more than 60% during premarket and morning trading on Monday. The driver: Innovative Production Group (IPG) finalized an all-stock merger with Flash Sports & Media, bringing exclusive T20 cricket league rights to a publicly traded company. IPG holds rights to the Lanka Premier League along with T20 competitions in Malaysia and Zimbabwe. The merged company intends to pursue expansion opportunities in…
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