urban-gro, Inc. Announces the Appointment of Sadler, Gibb & Associates LLC as Audit Firm

Rhea-AI Summary

urban-gro (NASDAQ: UGRO), a company specializing in solutions for Controlled Environment Agriculture and other commercial sectors, has appointed Sadler, Gibb & Associates as its new independent registered public accounting firm. This decision follows a comprehensive evaluation process and has received approval from the Board of Directors and the Audit Committee.

Positive

• Appointment of a new audit firm demonstrates proactive governance and transparency, potentially boosting investor confidence.
• Approval from the Board of Directors and Audit Committee indicates thorough due diligence.

Negative

• No immediate financial or operational impact reported, leaving uncertainty about short-term benefits.
• Changing audit firms could potentially lead to transitional challenges and increased short-term costs.

LAFAYETTE, Colo., May 30, 2024 (GLOBE NEWSWIRE) -- urban-gro, Inc. (NASDAQ: UGRO) ("urban-gro" or the "Company"), an integrated professional services and Design-Build firm offering solutions to the Controlled Environment Agriculture ("CEA") and other commercial sectors, today announced the appointment of Sadler, Gibb & Associates LLC as its independent registered public accounting firm. Their appointment was made after a thorough evaluation process and has been approved by the Company’s Board of Directors and its Audit Committee.

About urban-gro, Inc.

urban-gro, Inc.^® (Nasdaq: UGRO) is an integrated professional services and Design-Build firm. We offer value-added architectural, engineering, and construction management solutions to the Controlled Environment Agriculture ("CEA"), industrial, healthcare, and other commercial sectors. Innovation, collaboration, and creativity drive our team to provide exceptional customer experiences. With offices across North America and in Europe, we deliver Your Vision - Built. Learn more by visiting www.urban-gro.com.

Investor Contacts:
Dan Droller - urban-gro, Inc.
-or-
Jeff Sonnek - ICR, Inc.
(720) 730-8160
investors@urban-gro.com

Media Contact:
Barbara Graham – urban-gro, Inc.
(720) 903-1139
media@urban-gro.com

FAQ

What recent announcement did urban-gro make regarding their audit firm?

urban-gro (NASDAQ: UGRO) announced the appointment of Sadler, Gibb & Associates as their new independent registered public accounting firm.

When did urban-gro appoint Sadler, Gibb & Associates as their audit firm?

The appointment was announced on May 30, 2024.

Which firm is now urban-gro's independent registered public accounting firm?

Sadler, Gibb & Associates has been appointed as urban-gro's independent registered public accounting firm.

What sectors does urban-gro serve?

urban-gro provides solutions for Controlled Environment Agriculture and other commercial sectors.

Who approved the appointment of Sadler, Gibb & Associates ?

The appointment was approved by urban-gro's Board of Directors and its Audit Committee.