urban-gro, Inc. Regains Full Nasdaq Compliance After Strategic Balance Sheet and Governance Improvements

Key Highlights for Investors

• urban-gro, Inc. (UGRO) has officially regained full compliance with all relevant Nasdaq listing standards.
• This follows significant improvements in balance sheet strength, governance, and operational performance.
• The company recently combined with Flash Sports & Media, Inc., expanding its focus to a diversified sports, media, and experiential marketing platform.

Details of Compliance Restoration

urban-gro, Inc. announced on March 9, 2026, that it received written notice from The Nasdaq Stock Market LLC confirming the company has rectified previous deficiencies and now meets all applicable listing requirements. These developments include:

• Periodic Reporting (Nasdaq Listing Rule 5250(c)(1)): The company resolved its prior delinquency in financial reporting by filing its overdue Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
• Minimum Stockholders’ Equity (Nasdaq Listing Rule 5550(b)(1)): urban-gro demonstrated stockholders’ equity above the required threshold following the completion of previously disclosed transactions.
• Minimum Bid Price (Nasdaq Listing Rule 5550(a)(2)): The company effected a reverse stock split, resulting in its common stock trading at or above the critical \$1.00 per share minimum for the stipulated compliance period.
• Annual Meeting Requirement (Nasdaq Listing Rule 5620(a)): urban-gro held its Annual Meeting of Stockholders within the required timeframe, further satisfying exchange requirements.

Ongoing Monitoring and Governance

Despite regaining compliance, Nasdaq has placed urban-gro under a Discretionary Panel Monitor for one year, per Listing Rule 5815(d)(4)(A). This means the company will be closely monitored to ensure proactive management of any potential future compliance issues and to demonstrate long-term commitment to Nasdaq’s continued listing standards.

Strategic Business Update

Following its merger with Flash Sports & Media, Inc., urban-gro is now positioned as a diversified platform specializing in the creation, production, and monetization of live events, original content, and branded fan experiences. The company leverages proprietary intellectual property and strategic partnerships to deliver value across sports and entertainment verticals, targeting media partners, sponsors, and audiences with integrated content, event execution, and media distribution.

CEO Bradley Nattrass commented, “We are pleased to be back in compliance and remain focused on maintaining strong compliance practices while continuing to execute our strategic initiatives.”

For further information, investors are encouraged to visit Flash Sports & Media.

Forward-Looking Statements

The company cautions that this press release contains forward-looking statements regarding its expectations, plans, future performance, and ability to maintain Nasdaq compliance. Actual results may differ materially due to various risks and uncertainties, which are detailed in the company’s filings with the SEC. urban-gro undertakes no obligation to update these forward-looking statements unless required by law.

Investor Contact

For investor inquiries, please contact: [email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult with a qualified financial advisor before making investment decisions. The information herein is based on company disclosures and may be subject to change.

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