Urban-Gro Inc.
Urban-Gro Receives Nasdaq Non-Compliance Notice
Summary
On May 21, 2025, Urban-Gro, Inc. received a notice from Nasdaq stating non-compliance with Listing Rule 5250(c)(1) due to delayed filings of its Form 10-Q for Q1 2025 and Form 10-K for FY 2024. The delays were caused by the restatement of financial statements and changes in the finance department. The company has until June 16, 2025, to submit a compliance plan to Nasdaq, which may extend the compliance period to October 13, 2025. A press release detailing this was issued on May 23, 2025.
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About Urban-Gro Inc.
Urban-Gro Inc. is a design, engineering, and cultivation systems integration company catering primarily to the indoor agriculture space. The company provides comprehensive solutions that include architectural design, engineering, equipment integration, and cultivation systems to indoor commercial cannabis and food cultivation facilities. Urban-Gro Inc. enhances the efficiency and success of cultivation operations by delivering integrated systems tailored to the unique needs of each client. This encompasses environmental controls, fertigation stations, light deprivation systems, and LED lighting solutions. By serving the rapidly growing indoor cultivation market, the company bridges the gap between operational needs and technological advancements, playing a vital role in enhancing resource efficiency and sustainability in agriculture. As urban farming and controlled environment agriculture become increasingly prominent, Urban-Gro plays a significant role in meeting the demands of these evolving sectors.
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