urban-gro Faces Delisting Concerns

Ticker: UGRO · Form: 8-K · Filed: 2025-04-18T00:00:00.000Z

Sentiment: bearish

Topics: delisting, listing-compliance, nasdaq

Related Tickers: UGRO

TL;DR

URBAN-GRO might get kicked off Nasdaq due to low stock price.

AI Summary

On April 16, 2025, urban-gro, Inc. filed an 8-K to report a notice of delisting or failure to satisfy a continued listing rule. The company is addressing its compliance with Nasdaq's minimum bid price requirement.

Why It Matters

This filing indicates potential delisting from the Nasdaq stock exchange, which could significantly impact the company's stock liquidity and investor confidence.

Risk Assessment

Risk Level: high — The company is facing potential delisting from a major stock exchange, which poses a significant risk to its operations and stock value.

Key Players & Entities

FAQ

What specific listing rule is urban-gro, Inc. failing to meet?

The filing indicates a failure to meet Nasdaq's minimum bid price requirement.

What is the date of the event triggering this 8-K filing?

The date of the earliest event reported is April 16, 2025.

Which stock exchange is urban-gro, Inc. potentially being delisted from?

urban-gro, Inc. is potentially facing delisting from the Nasdaq stock exchange.

What is the company's state of incorporation?

The company is incorporated in Delaware.

What is the principal executive office address of urban-gro, Inc.?

The principal executive offices are located at 1751 Panorama Point, Unit G, Lafayette, Colorado 80026.

From the Filing

0001628280-25-018457.txt : 20250418 0001628280-25-018457.hdr.sgml : 20250418 20250418172010 ACCESSION NUMBER: 0001628280-25-018457 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250416 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250418 DATE AS OF CHANGE: 20250418 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 EIN: 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: 25850902 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-20250416.htm 8-K ugro-20250416 false 0001706524 0001706524 2024-05-06 2024-05-06 0001706524 2025-04-16 2025-04-18 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): April 16, 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 On April 16, 2025, urban-gro, Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Annual Report on Form 10-K for the fiscal quarter ended December 31, 2024 (the “Form 10-K”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. As disclosed in the Current Report on Form 8-K filed by the Company on August 14, 2024, the Company’s aud

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