Item 8.01 Other Events.
On
The LOI was approved by the AeroGrow Board of Directors after a recommendation from the Special Committee of the Board consisting of the independent directors. The Special Committee made the recommendation after consultation with Stifel, which has acted as the financial advisor to the Special Committee.
Item 9.01 Financial Statements and Exhibits.
Exhibits. The following exhibit is furnished with this Form 8-K:
Exhibit Number Description 99.1 Letter of Intent executedOctober 2, 2020
Portions of this report may constitute "forward-looking statements" as defined
by federal law. Although the Company believes any such statements are based on
reasonable assumptions, there is no assurance that actual outcomes will not be
materially different. Any such statements are made in reliance on the "safe
harbor" protections provided under the Private Securities Litigation Reform Act
of 1995. Additional information about issues that could lead to material changes
in the Company's performance is contained in the Company's filings with the
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