As Anticipated, Urban One Files Its Delayed FY 2023 10-K


On May 23, with time ticking for the company founded as Radio One under Cathy Hughes, Urban OneĀ received a second letter from the Listing Qualifications Department of Nasdaq notifying the company that it was further non-compliant with a listing rule. It had nothing to do with failure to meet its $1 per share minimum trading requirement, but instead on its overdue 10-K and 10-Q SEC filings tied to its firing of independent outside account BDO in 2023.

Urban One said it would make the filings in a timely manner to avoid any Nasdaq issues. And, late Friday, that’s exactly what transpired for the owner of two cable TV networks, local radio stations and a national radio arm known as Reach Media.


Please Login to view this premium content. (Not a member? Join Today!)
You do not have permission to view the comments.

Leave a Reply

Your email address will not be published. Required fields are marked *