Urban-gro, Inc. Faces Nasdaq Non-Compliance Due to Filing Delays

urban-gro, Inc. (NASDAQ:UGRO), a firm offering design-build solutions in Controlled Environment Agriculture, has received a notice from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1). This results from not filing their Quarterly Report for the period ending March 31, 2025, and the Annual Report for December 31, 2024. These reports are crucial for timely disclosure with the Securities and Exchange Commission.

This notification does not immediately affect urban-gro's Nasdaq listings. An audit identified errors in historical tax liabilities, prompting restatements of prior finances. This and turnover in the finance department delayed filings.

urban-gro must now file a compliance plan by June 16, 2025. If the plan is accepted, Nasdaq might extend the compliance deadline to October 13, 2025.