Highest-materiality recent filing
urban-gro pivots to cricket media; Q1 revenue minimal as merger integration continues
Completed all-stock merger with Flash Sports & Media and IPG, now focused on T20 cricket.
urban-gro restructures ~$1.94M debt with Hudson; forbearance until Apr 30, share exchange
Outstanding loan ~$1.94M was in default; principal increased to $2.8M under forbearance agreement.
Urban-gro raises $2.025M via 12% secured convertible note with warrants
First tranche principal $2,225,495; net proceeds ~$2M after $25K legal fee withheld.
urban-gro outlines T20 cricket expansion; targets $143M revenue by 2030
LPL commercial rights acquired for sub-$15M annually; Lanka Premier League ranked #9 globally among T20 leagues.
Nasdaq confirmed compliance with Listing Rules 5250(c)(1), 5550(b)(1), 5550(a)(2), and 5620(a).
Dismissed Sadler, Gibb & Associates as auditor on Feb 27, 2026; no disagreements or reportable events.
urban-gro enters forbearance; debt balance rises to $1.38M, issues 37,505 shares to Agile
Forbearance period through March 21, 2026; Agile refrains from remedies for projected defaults.
Urban-Gro appoints new director and co-CFOs following merger
Director Anita Britt resigns effective Feb 17, 2026; no dispute cited.
urban-gro completes merger with Flash Sports & Media; enters sports/media vertical
Flash shareholders receive unregistered common stock (up to 19.99% of UGRO) plus non-voting convertible preferred that converts at $3.23/share reference price.
Urban-Gro secures $25M equity line from Hudson Global and $105k loan for Nasdaq compliance
Up to $25M ELOC with Hudson Global Ventures; company may direct purchases over 24 months at 90% of lowest traded prices.
urban-gro implements 1-for-25 reverse stock split effective Feb 9 to meet Nasdaq bid price
Reverse stock split ratio of 1-for-25, effective at open of market on February 9, 2026.
Urban-gro shareholders approve reverse stock split and increase authorized shares to 200M
Proposal 5: reverse stock split at ratio 1:2 to 1:25 passed with 7,973,361 for, 299,858 against.
Panel extended compliance deadline for Stockholders' Equity, Annual Meeting, and Timely Filing to Feb 17, 2026.
Urban-gro receives Nasdaq delisting notice for annual meeting non-compliance
On Jan 6, 2026, Nasdaq notified urban-gro of non-compliance with Listing Rule 5620(a) for failing to hold annual meeting within 12 months of prior fiscal year end.
Urban-Gro receives additional Nasdaq delisting notice for late Q3 10-Q filing
Nasdaq notified urban-gro on Nov 18, 2025 that late Q3 10-Q filing is an additional delisting basis.
Nasdaq grants urban-gro conditional continued listing with deadlines through Jan 2026
Received Oct 30, 2025 notice that hearing panel granted continued listing subject to conditions.
Lender sues urban-gro for breach of contract, fraud; alleges default on $2.1M note
Grow Hill, LLC filed lawsuit Oct 14, 2025 in Denver District Court (Case 2025CV33546) for breach of contract and fraud.
urban-gro to merge with Flash Sports & Media; Flash shareholders to own ~90%
Flash to pay $200K deposit; Flash stockholders to receive 19.99% common stock initially, convertible preferred for ~90% ownership post-merger.
Urban-Gro delisting hearing rescheduled to Oct 14; still non-compliant on three Nasdaq rules
Hearing before Nasdaq Panel moved from Oct 7 to Oct 14, 2025.
urban-gro settles Gemini lawsuit; will issue up to 19.99% of stock to resolve $1.49M claim
Settlement resolves $1.49M claim from Gemini after UG Construction defaulted on $10M credit line.
Urban-Gro sells non-CEA business for $2M; receives Nasdaq delisting notice
Subsidiaries sold non-CEA architectural services business to 2WR Holdco for $2.0M cash, net of $500K deposit and assumed debt.
urban-gro receives Nasdaq delisting notice; subsidiary faces asset sale to cover $1.76M default
Nasdaq determined company failed to file FY2024 10-K and Q1/Q2 2025 10-Qs by Aug 15, 2025 extended deadline.
urban-gro settles HVAC equipment dispute with $395,556 note and 150,000 shares
Settlement resolves nonpayment of $326,358.52 second installment for Trane HVAC equipment ordered June 2023.
UGRO subsidiary gets default notice on $1.76M credit line; full payment demanded
On July 31, 2025, Gemini Finance Corp. issued default notice to UG Construction for failing to submit receivables calculations and maintain sufficient eligible accounts.
urban-gro receives Nasdaq non-compliance notice for late 10-K and 10-Q filings
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).
Urban-Gro receives Nasdaq delisting notice for late filing of FY2024 10-K
Received Nasdaq notice on April 16, 2025 for failure to timely file Annual Report (Form 10-K) for FY2024.
Filed delinquent quarterly reports and 10-K amendment on Feb 18-19, 2025; Nasdaq confirmed filing compliance on Feb 24.
urban-gro signs $6M LED lighting contract with North American cannabis operator
Contract valued at ~$6M with a leading northern-based North American Cannabis Operator.
Urban-Gro CFO Akright transitions to fractional role; COO Archer resigns
CFO Richard Akright moves to fractional CFO under Consulting and Transition Agreement; remains principal financial and accounting officer.
urban-gro signs $24M construction contract with leading Midwest MSO
Contract valued at ~$24M for construction phase of Design-Build cannabis facility.
Received Nasdaq notice on Nov 21, 2024 for failing to file Form 10-Q for quarter ended Sept 30, 2024.
urban-gro signs ~$12M in cannabis contracts, secures $2.1M loan
Signed contracts with 15+ clients for ~$12M in cannabis cultivation, extraction, and retail projects across the U.S.
Urban-gro receives Nasdaq deficiency notice for late Q2 10-Q due to restatement
Nasdaq notice on Aug 20, 2024 for failure to file Q2 2024 10-Q by Aug 15 deadline.
Restatement covers FY 2022 and 2023 and Q1 2024; prior filings should no longer be relied upon.
urban-gro signs ~$12M in new cannabis contracts; expects revenue recognition by end of Q3 2024
Signed multiple contracts with over a dozen cannabis clients totaling ~$12M in expected revenue.
urban-gro Q1 2024: Revenue $15.5M, net loss $2.1M, reaffirms FY guidance of >$84M revenue
Revenue $15.5M, sequential +4% vs Q4 2023, down 7% YoY.
Following Mr. Akright’s resignation, Eric Sherb, who has been serving as Co-Chief Financial Officer, will continue to serve as the Company’s Chief Financial Officer.
Effective as of April 28, 2026, Richard Akright advised the Company that he was resigning from his position as Co-Chief Financial Officer of urban-gro, Inc. (the “Company”), with such resignation becoming effective on such date.
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.
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.
Max materiality 0.95 · Median 0.70 · Most common event other_material