Eric Beder

Anthony Vendetti

Scott Fortune

Brian Wright

Ellis Acklin

Eric Des Lauriers

Thomas McGovern

- urban-gro, Inc. (through its subsidiaries) entered into a Stock and Asset Purchase Agreement with 2WR Holdco, LLC, selling its commercial, industrial, and municipal architectural and construction administration services business (excluding controlled environment agriculture) for a purchase price consisting of **$2.0 million in cash**, offset by a previous deposit of **$500,000** and assumed indebtedness.  **[1706524_0001213900-25-083451_ea0255573-8k_urban.htm:1]** 
- The company received a determination letter from Nasdaq on **August 28, 2025**, stating non-compliance with the **$1.00 minimum bid price** requirement, failure to file its Annual Report on Form 10-K for fiscal year 2024 and Quarterly Reports on Form 10-Q for Q1 and Q2 2025, and failure to maintain **$2.5 million minimum stockholders' equity**.  **[1706524_0001213900-25-083451_ea0255573-8k_urban.htm:2]**  A hearing with the Nasdaq Panel is scheduled for **October 7, 2025**.  **[1706524_0001213900-25-083451_ea0255573-8k_urban.htm:2]** 
- **Lewis O. Wilks resigned** from the Board of Directors on **August 26, 2025**, due to a financial interest in the buyer of the acquired business.  **[1706524_0001213900-25-083451_ea0255573-8k_urban.htm:3]**  Additionally, CEO **Bradley J. Nattrass** voluntarily reduced his annual salary from **$450,000 to $350,000** until at least November 30, 2025, as a cost-saving measure, with other leadership team members making similar reductions.  **[1706524_0001213900-25-083451_ea0255573-8k_urban.htm:3]**

urban-gro (UGRO)