{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-079944","form_type":"8-K","ticker":"UGRO","cik":"0001706524","company_name":"urban-gro, Inc.","filed_at":"2025-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.727271+00:00","generated_at":"2026-05-17T10:35:39.581116+00:00","sec_items":["2.04","3.01","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"urban-gro receives Nasdaq delisting notice; subsidiary faces asset sale to cover $1.76M default","bullets":["Nasdaq determined company failed to file FY2024 10-K and Q1/Q2 2025 10-Qs by Aug 15, 2025 extended deadline.","Stockholders' equity below $2.5M minimum; trading suspension set for Aug 27, 2025 unless appeal is granted.","Subsidiary UG Construction defaulted on $1.76M line of credit; lender to auction substantially all assets on Sep 4, 2025.","Company to appeal delisting and request stay; no assurance of regaining compliance with Nasdaq rules.","Turnaround plan includes $10M annualized cost savings and LOI to divest GA Architecture asset."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-079944","json":"https://secwatch.observer/filing/0001213900-25-079944.json","markdown":"https://secwatch.observer/filing/0001213900-25-079944.md","text":"https://secwatch.observer/filing/0001213900-25-079944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1706524/000121390025079944/0001213900-25-079944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1706524/000121390025079944/ea0254234-8k_urban.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:35:39.581116+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a86f0a55762eef80853d100768833de9935d3171","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706524/000121390025079944/0001213900-25-079944-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"approximately $1.76 million"},{"label":"Counterparty","value":"Gemini Finance Corp."},{"label":"Rate","value":"default of 1% per week accruing from the June 16, 2025 date of default"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"1f0bf6b1acde7e288446037da195d01c4acd0106","claim":"urban-gro, Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1), 5550(b)(1), 9601).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1706524/000121390025079944/0001213900-25-079944-index.htm","confidence":0.82,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1), 5550(b)(1), 9601"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}