Flash Sports appeals Nasdaq delisting, cuts ~$2M debt after suspension

urban-gro, Inc.

Nasdaq suspended trading due to administrative sequencing error in listing process, causing a Rules violation; company appealed to Hearings Panel.
Debt holders reduced outstanding debt by approximately $2.0 million over the last two trading days to strengthen balance sheet.
Acquisition targets remain engaged and have agreed to provide additional time while Nasdaq appeal is pending.
Appeal does not stay the suspension; no assurance on timing or outcome of regaining Nasdaq listing.
Common stock now quoted on OTC market; CEO says underlying business unchanged despite suspension.

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