# EDGAR Filing Document

**Accession Number:** 0001706524
**File Stem:** 0001493152-23-001340
**Filing Date:** 2023-1
**Character Count:** 11703
**Document Hash:** 2ccaab2b588e0a9b315ca78f3f0fc8a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-001340.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001493152-23-001340

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 24

**CONFORMED PERIOD OF REPORT**: 20230111

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** urban-gro, Inc.
- **CENTRAL INDEX KEY:** 0001706524
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080]
- **IRS NUMBER:** 465158469
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39933
- **FILM NUMBER:** 23527085

**BUSINESS ADDRESS:**
- **STREET 1:** 1751 PANORAMA PT
- **STREET 2:** UNIT G
- **CITY:** LAFAYETTE
- **STATE:** CO
- **ZIP:** 80026
- **BUSINESS PHONE:** 720-390-3880

**MAIL ADDRESS:**
- **STREET 1:** 1751 PANORAMA PT
- **STREET 2:** UNIT G
- **CITY:** LAFAYETTE
- **STATE:** CO
- **ZIP:** 80026

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **January 11, 2023**

**urban-gro, Inc.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-39933** | **46-5158469** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **1751 Panorama Point, Unit G**<br> **Lafayette, Colorado** | **80026** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(720) 390-3880**

**n/a**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
| **Common stock, par value $0.001 per share** | **UGRO** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

---

| | |
|:---|:---|
| **Item 5.02.** | **Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

---

(c) On January 11, 2023, urban-gro, Inc. (the "Company") appointed Jason "JT" Archer ("Archer"), age 47, as Chief Operating Officer ("COO"). The Company is not aware of any family relationship between Archer and any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer. The Company is not aware of any related party transactions or proposed related party transactions between the Company and Archer or any immediate family members of or entities controlled by Archer which would require disclosure under Item 404(a) of Regulation S-K.

Archer joined urban-gro in 2022, and previously served as the Executive Vice President of Business Operations and Chief of Staff of the Company prior to his promotion to COO. Prior to joining the Company, he spent two years in real estate development and construction roles, including VP of Construction and Market Development, with 4Front Ventures, a large cannabis MSO, served three years as the Chief Operating Officer for BodeTree, a software company supporting financial institutions, and has collectively spent nineteen years in multiple executive roles including sales, sales engineering, and operations for telecom and technology companies. Archer is a graduate of Metropolitan State University of Denver with a degree in business and received a master's in management from the University of Colorado, Denver.

None of the companies Archer was previously employed by are now or were then a parent, subsidiary or affiliate of the Company.

(e) In connection with his appointment, Archer entered into an Amended and Restated Employment Agreement, effective as of January 11, 2023 (the "Employment Agreement") until such time as Archer resigns or is terminated. Archer will receive an annual base salary of $315,000, a signing bonus of restricted common stock grant of 20,000 shares which will fully vest on December 31, 2023, and eligibility to receive an annual incentive bonus of up to 100% of his annual base salary. Mr. Archer is also eligible to be awarded a restricted stock award of 62,302 shares of the Company's common stock, vesting 20% on December 31, 2023, 20% on December 31, 2024 and 60% on December 31, 2025. Archer will report to the Chief Executive Officer and will have the duties and responsibilities customarily associated with the office of COO.

The Employment Agreement also includes severance benefits, unless Archer voluntarily resigns, the employment terminates due to Archer's death, disability, or legal incompetence, or if the Company terminates the employment for "cause" (as defined in the Employment Agreement). If the Company terminates Archer's employment without "cause" or following a "change in control" (as defined in the Employment Agreement), upon signing a release of claims in form and substance satisfactory to the Company, Archer is entitled to receive a lump sum payment equal to (i) one year regular base salary and target annual incentive (if applicable) and (ii) the total premiums that he would be required to pay for 12 months of COBRA continuation coverage under the Company's health benefit plan.

The foregoing description of the Employment Agreement is a summary only, and accordingly, does not purport to be complete and is qualified in its entirety by the full text of the Employment Agreement, a copy of which is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 7.01.** | **Regulation FD Disclosure.** |

---

**urban-gro, Inc. Appoints Jason "JT" Archer as Chief Operating Officer**

On January 11, 2023, urban-gro, Inc. (the "Company") issued a press announcing the appointment of Jason "JT" Archer as Chief Operating Officer. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. The information in this Item 7.01, including Exhibit 99.1 attached hereto and incorporated by reference into this Item 7.01, shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) Exhibits.

---

| | |
|:---|:---|
| Number | Exhibit |
| 10.1 | [Employment Agreement between the Company and Archer dated January 11, 2023](ex10-1.htm) |
| 99.1 | [Press Release dated January 11, 2023](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **URBAN-GRO, INC.** | **URBAN-GRO, INC.** |
| Date: January 12, 2023 | By: | */s/ Bradley Nattrass* |
|  |  | Bradley Nattrass |
|  |  | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

![](ex10-1_001.jpg)

![](ex10-1_002.jpg)

![](ex10-1_003.jpg)

![](ex10-1_004.jpg)

![](ex10-1_005.jpg)

![](ex10-1_006.jpg)

![](ex10-1_007.jpg)

![](ex10-1_008.jpg)

![](ex10-1_009.jpg)

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**urban-gro, Inc. Appoints Jason "JT" Archer as Chief Operating Officer**

 ****

LAFAYETTE, Colo., January 11, 2023 – <u>urban-gro, Inc.</u> (Nasdaq: UGRO), an integrated professional services and design-build firm offering solutions to the Controlled Environment Agriculture ("CEA") and commercial sectors, today announced the appointment of JT Archer as Chief Operating Officer.

"We are excited to have JT join our executive management team as COO. JT is a proven leader and skilled operator who will be instrumental in leading our team as we scale to meet demand and execute against the strong backlog we have built heading into 2023," commented Bradley Nattrass, Chairman and CEO of urban-gro. "Since joining urban-gro in February of 2022, JT has worked on framing the go-to-market strategy for our design-build offering, improving our customer experience, and driving our growing team to consistently add value to our clients' projects."

 

Mr. Archer was previously the Company's Executive Vice President of Business Operations. Prior to joining urban-gro, Mr. Archer served in numerous operations and sales roles including most recently, as VP of Construction and Market Development for the Multi-State Operator, 4Front Ventures. Mr. Archer holds a M.S. degree in Management from the University of Colorado, Denver.

**About urban-gro, Inc.**

urban-gro, Inc.<sup>®</sup> (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 American and in Europe, we deliver *Your Vision – Built*. Learn more by visiting <u>www.urban-gro.com</u>.

**Investor Contacts:**

Dan Droller - urban-gro, Inc.

EVP Corporate Development & Investor Relations

-or-

Jeff Sonnek – ICR, Inc.

(720) 730-8160

<u>investors@urban-gro.com</u>

**Media Contact:**

Mark Sinclair – MATTIO Communications

(650) 269-9530

<u>urbangro@mattio.com</u>