Urban-Gro Faces Delisting Determination from Nasdaq
Delisting Notification: Urban-Gro received a letter from Nasdaq indicating its common stock is subject to delisting due to non-compliance with listing rules related to timely financial reporting and minimum stockholders' equity.
Financial Reporting Issues: The company failed to file its Annual Report on Form 10-K for the fiscal year ending December 31, 2024, and Quarterly Reports for March 31 and June 30, 2025.
Appeal Process: Urban-Gro plans to appeal the delisting determination and request a hearing, which will temporarily stay the delisting for 15 days while the appeal is processed.
Strategic Response: Despite these challenges, Urban-Gro is implementing a multi-faceted strategy aimed at improving its financial position, restoring compliance, and enhancing shareholder value.
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Quantum Computing Stocks Surge Over 23%; Check Out 20 Premarket Movers
Quantum Computing Inc. Performance: Quantum Computing Inc. shares surged 23.5% in pre-market trading after reporting better-than-expected Q3 earnings of 1 cent per share, compared to a projected loss of 6 cents, and sales of $384,000, exceeding expectations of $116,667.
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3 Penny Stocks to Keep an Eye on This Week, 9/4/25
Penny Stocks to Watch: Senmiao Technology, BT Brands, and Urban-gro Inc. are highlighted as top penny stocks to monitor on September 4, 2025, based on their high Dollar Volume and significant stock price increases.
Senmiao Technology: The Chinese tech company saw a 61% stock price surge with a Dollar Volume of $668.75 million, driven by speculation around AI-driven urban mobility and potential partnerships, despite no specific news.
BT Brands: The fast-food company experienced a nearly 64% stock price increase and a Dollar Volume of $318.87 million following the announcement of a merger with Aero Velocity, which will focus on drone and AI technology.
Urban-gro Inc.: The indoor farming specialist's stock rose by 48% with a Dollar Volume of $161.24 million after announcing a $2 million asset sale and measures to address Nasdaq compliance issues, enhancing investor confidence.
