secwatch.observer — SEC 8-K summary
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Issuer:     urban-gro, Inc. (UGRO)
CIK:        0001706524
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001213900-25-083451
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 3.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban-Gro sells non-CEA business for $2M; receives Nasdaq delisting notice
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- Subsidiaries sold non-CEA architectural services business to 2WR Holdco for $2.0M cash, net of $500K deposit and assumed debt.
- Nasdaq determined company failed to regain minimum bid price compliance by Aug 25; delisting hearing set for Oct 7, 2025.
- Also out of compliance with timely filing (10-K, 10-Q) and minimum stockholders' equity ($2.5M) requirements.
- Director Lewis O. Wilks resigned Aug 26; has financial interest in the buyer.
- CEO Brad Nattrass voluntarily reduced salary from $450K to $350K through Nov 30; other leaders took cuts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706524/000121390025083451/0001213900-25-083451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706524/000121390025083451/ea0255573-8k_urban.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-083451

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