urban-gro receives Nasdaq non-compliance notice for late 10-K and 10-Q filings

urban-gro, Inc.

Nasdaq notified urban-gro on May 21, 2025 that it is out of compliance with Listing Rule 5250(c)(1) due to unfiled 10-K (FY2024) and 10-Q (Q1 2025).
The company has until June 16, 2025 to submit a plan to regain compliance; Nasdaq may grant up to Oct 13, 2025 to file the 10-K.
Delays attributed to restatement of prior financials (completed Feb 19, 2025) and turnover in the finance department.
The notice has no immediate effect on listing of common stock on Nasdaq Capital Market.

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