Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
urban-gro, Inc. faced acceleration on revolving credit of approximately $1.76 million with Gemini Finance Corp. at default of 1% per week accruing from the June 16, 2025 date of default.
- Instrument
- revolving credit
- Principal
- approximately $1.76 million
- Counterparty
- Gemini Finance Corp.
- Rate
- default of 1% per week accruing from the June 16, 2025 date of default
- Event
- acceleration
Exact text from the filing
claiming that UG Construction was in default under the Line of Credit. The notice indicated that the remaining outstanding amount due under the Line of Credit of approximately $1.76 million is immediately due and payable with default of 1% per week accruing from the June 16, 2025 date of default claimed by the Lender. On August 21, 2025, the Company received a
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.82
urban-gro, Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1), 5550(b)(1), 9601).
- Exchange
- nasdaq
- Notice
- delisting notice
- Deficiency
- late filing
- Rules
- 5250(c)(1), 5550(b)(1), 9601
Exact text from the filing
March 31, 2025 (the “Form 10-Q”) or its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “Form 10-K”), the Company continued to be out of 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. On August 18, 2025, the Company received a determination letter (the “Determination”) from Nasdaq stating that Nasdaq had determined that the Company did not file the Form 10-K and the Form 10-Q by August 15, 2025, the date requir
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