Urban-gro, Inc. Achieves Nasdaq Compliance Milestone

urban-gro, Inc. (Nasdaq: UGRO), operating under the Flash Sports & Media brand, has regained compliance with Nasdaq listing standards. This news follows written confirmation from Nasdaq, acknowledging the company's adherence to requirements related to periodic reporting, stockholders' equity, bid price, and annual meetings.

The company addressed deficiencies by filing overdue financial reports, demonstrating equity above required thresholds, effecting a reverse stock split, and holding its annual meeting on time. Consequently, urban-gro will remain on a one-year Discretionary Panel Monitor to ensure ongoing compliance with Nasdaq rules.

CEO Bradley Nattrass expressed satisfaction with achieving compliance and affirmed the company's commitment to stringent practices while pursuing strategic goals. This development marks a positive step in urban-gro's operations across sports and media sectors.