regulatory
confidence high
sentiment positive
materiality 0.80
urban-gro regains full Nasdaq compliance; resolves periodic reporting, equity, bid price, meeting issues
urban-gro, Inc.
- Nasdaq confirmed compliance with Listing Rules 5250(c)(1), 5550(b)(1), 5550(a)(2), and 5620(a).
- Filed delinquent Annual Report 10-K and subsequent 10-Qs to cure periodic reporting deficiency.
- Demonstrated stockholders' equity above required threshold after previously disclosed transactions.
- Effected reverse stock split to meet $1.00 minimum bid price requirement.
- Nasdaq placed Company on Discretionary Panel Monitor for one-year period to ensure continued compliance.