Urban-Gro Faces Delisting Concerns

Ticker: UGRO · Form: 8-K · Filed: 2025-02-28T00:00:00.000Z

Sentiment: bearish

Topics: delisting, listing-standards, regulatory-filing

TL;DR

URBAN-GRO MIGHT GET KICKED OFF THE EXCHANGE - BIG TROUBLE

AI Summary

Urban-Gro, Inc. filed an 8-K on February 28, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule. The filing also includes other events and financial statements, with the earliest event reported on February 24, 2025.

Why It Matters

This filing indicates potential issues with Urban-Gro's continued listing on an exchange, which could impact investor confidence and stock liquidity.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's ongoing operations and stock value.

Key Numbers

Key Players & Entities

FAQ

What specific listing rule or standard has Urban-Gro, Inc. failed to satisfy?

The filing does not specify the exact rule or standard that Urban-Gro, Inc. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.

What are the implications of this notice for Urban-Gro's stock trading?

A notice of delisting or failure to satisfy listing standards typically raises concerns about the stock's continued trading on its current exchange and could lead to increased volatility or potential delisting.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on February 24, 2025.

What is the primary purpose of this Form 8-K filing?

This Form 8-K filing serves to report a notice of delisting or failure to satisfy a continued listing rule or standard, along with other events and financial statements.

Where are Urban-Gro, Inc.'s principal executive offices located?

Urban-Gro, Inc.'s principal executive offices are located at 1751 Panorama Point, Unit G, Lafayette, Colorado 80026.

From the Filing

0001706524-25-000021.txt : 20250228 0001706524-25-000021.hdr.sgml : 20250228 20250228164200 ACCESSION NUMBER: 0001706524-25-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250224 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250228 DATE AS OF CHANGE: 20250228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: urban-gro, Inc. CENTRAL INDEX KEY: 0001706524 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 465158469 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39933 FILM NUMBER: 25691255 BUSINESS ADDRESS: STREET 1: 1751 PANORAMA PT STREET 2: UNIT G CITY: LAFAYETTE STATE: CO ZIP: 80026 BUSINESS PHONE: 720-390-3880 MAIL ADDRESS: STREET 1: 1751 PANORAMA PT STREET 2: UNIT G CITY: LAFAYETTE STATE: CO ZIP: 80026 8-K 1 ugro-20250224.htm 8-K ugro-20250224 false 0001706524 0001706524 2024-06-26 2024-06-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 24, 2025 URBAN-GRO, INC. (Exact name of registrant as specified in its charter) Delaware 001-39933 46-5158469 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 1751 Panorama Point , Unit G Lafayette , Colorado 80026 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (720) 390-3880 Not applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common stock, par value $0.001 per share UGRO The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Compliance with Timely Filing Requirement As previously reported, on August 20, 2024, urban-gro, Inc. (the “ Company ”) received a notice from The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that because the Company had not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024, the Company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Filing Requirement ”). The Filing Requirement requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. Also as previously reported, on November 21, 2024, the Company received a notice from Nasdaq stating

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