It’s been a difficult four weeks for Alfred Liggins Jr. and the leadership team at Urban One, the media company superserving African American consumers. On Tuesday, City of Richmond voters for a second time said no to a casino resort proposal that would have seen Urban One team up with Churchill Downs. Meanwhile, the company was diligently assuring the Nasdaq stock exchange that it was working with EY to deliver its much-delayed fiscal results for the first and second quarters of 2023 to the SEC, ahead of a delisting deadline.
With a hearing scheduled at Nasdaq on November 30, Urban One has now confirmed that its Q3 2023 report won’t be coming anytime soon, either.
