secwatch.observer — SEC 8-K summary
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Issuer:     Mediaco Holding Inc. (MDIA)
CIK:        0001784254
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000929638-22-001240
Event type: regulatory
Sentiment:  positive
Materiality: 0.75
Item codes: 3.01, 5.07, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

MediaCo regains Nasdaq compliance via note conversion boosting equity by $29.9M
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- Shareholders approved conversion of SG Broadcasting notes into shares exceeding 19.9% of outstanding stock (55,044,216 for, 14,101 against).
- Note conversion consummated July 28, 2022, adding ~$29.874M to stockholders' equity.
- Company believes it has regained compliance with Nasdaq's $2.5M stockholders' equity requirement.
- Conversion issued 12,899,480 Class A shares under Section 4(2) exemption.
- Nasdaq will monitor ongoing compliance at next periodic report.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784254/000092963822001240/0000929638-22-001240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784254/000092963822001240/a8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-22-001240

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