secwatch.observer — SEC 8-K summary
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Issuer:     urban-gro, Inc. (UGRO)
CIK:        0001706524
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001706524-25-000021
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

urban-gro cures filing delinquency but gets two new Nasdaq deficiency notices; signs $4M hospital design contract
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- Filed delinquent quarterly reports and 10-K amendment on Feb 18-19, 2025; Nasdaq confirmed filing compliance on Feb 24.
- Received Nasdaq deficiency letter on Feb 24, 2025, for bid price below $1.00 for 30 consecutive days; has 180 days to cure until Aug 25, 2025.
- Also on Feb 24, received deficiency for stockholders' equity below $2.5M as of Q3 2024; must submit compliance plan by April 10, 2025.
- Signed $4M lead design contract for an $80M new hospital in southeastern U.S.; majority of revenue expected in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1706524/000170652425000021/0001706524-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1706524/000170652425000021/ugro-20250224.htm
  HTML page:      https://secwatch.observer/filing/0001706524-25-000021

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