Urban-Gro Inc. Faces Potential Nasdaq Delisting After Failing to Meet Minimum Bid Price, Filing, and Equity Requirements
Reuters
Oct 07
Urban-Gro Inc. Faces Potential Nasdaq Delisting After Failing to Meet Minimum Bid Price, Filing, and Equity Requirements
**Urban-Gro Inc. Faces Potential Nasdaq Delisting Over Compliance Issues** Urban-Gro Inc. has announced it is facing possible delisting from the Nasdaq Capital Market after failing to meet several listing requirements. The company received a determination letter from Nasdaq stating it did not regain compliance with the minimum $1.00 bid price rule by the August 25, 2025 deadline. Additionally, Urban-Gro is not in compliance with timely financial filing requirements and the minimum stockholders' equity rule of $2.5 million. The company has requested a hearing before a Nasdaq Hearings Panel, now scheduled for October 14, 2025. Urban-Gro cautioned there is no assurance it will regain compliance or that its appeal will succeed.
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