Urban-Gro CFO Akright transitions to fractional role; COO Archer resigns

urban-gro, Inc.

CFO Richard Akright moves to fractional CFO under Consulting and Transition Agreement; remains principal financial and accounting officer.
Akright to be compensated $185/hour; receives $132,398.20 severance over 5 months; unvested 2023 RSUs vest immediately.
COO Jason Archer resigns for personal reasons; receives $231,560.40 severance over 6 months; will assist transition at $200/hour.
Archer's resignation did not result from any disagreement with company operations or policies.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jason T. Archer

Chief Operating Officer

UGRO · urban-gro, Inc.

Filed: February 19, 2025, 6:59 PM ET

On February 14, 2025, the Company entered into a Severance Agreement (the "Severance Agreement") with its Chief Operating Officer, Jason T. Archer, who resigned for personal reasons.

Role change

Richard Akright

Chief Financial Officer

UGRO · urban-gro, Inc.

Effective: 2025-02-18
Filed: February 19, 2025, 6:59 PM ET

Under the Consulting and Transition Agreement, Mr. Akright will serve as a fractional Chief Financial Officer to the Company, and will continue to serve as the Company's principal financial and accounting officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jason T. Archer resigned as Chief Operating Officer at urban-gro, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On February 14, 2025, the Company entered into a Severance Agreement (the "Severance Agreement") with its Chief Operating Officer, Jason T. Archer, who resigned for personal reasons.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Richard Akright changed role as Chief Financial Officer at urban-gro, Inc..

Action: transitioned to fractional CFO
Role: Chief Financial Officer

Exact text from the filing

Under the Consulting and Transition Agreement, Mr. Akright will serve as a fractional Chief Financial Officer to the Company, and will continue to serve as the Company's principal financial and accounting officer.

View on SEC.gov

urban-gro, Inc. filing history →

Source: SEC EDGAR

accession 0001706524-25-000016

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