regulatory
confidence high
sentiment negative
materiality 0.70
Urban-gro receives Nasdaq notice for late Q3 2024 filing; must file by Jan 31, 2025 or face delisting
urban-gro, Inc.
- Received Nasdaq notice on Nov 21, 2024 for failing to file Form 10-Q for quarter ended Sept 30, 2024.
- Company previously disclosed restatement of 2022 and 2023 financials due to deferred tax liability accounting errors.
- Nasdaq set deadline of Jan 31, 2025 to file all delinquent reports; failure may lead to delisting.
- No immediate effect on listing; stock continues trading on Nasdaq Capital Market.
- Filed Form 12b-25 on Nov 15, 2024 and submitted a compliance plan to Nasdaq on Sept 27, 2024.