Urban One subsidiary enters Host Community Agreement for Richmond casino project with $26M upfront payment

URBAN ONE, INC.

RVA Entertainment Holdings (Urban One unrestricted sub) signed HCA with City of Richmond for ONE Casino + Resort development.
$26 million upfront payment due upon successful November 2021 citywide referendum; funds placed in escrow.
Agreement includes annual payments, design standards, wage/hiring commitments, infrastructure obligations, and transfer restrictions.
D. Geoffrey Armstrong reappointed to Board as Class B director, serving on audit and compensation committees.

item 1.01 item 5.02

Executive movements

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Appointed

D. Geoffrey Armstrong

Director

UONE · URBAN ONE, INC.

Effective: 2021-07-26
Filed: July 30, 2021, 7:59 PM ET

On July 26, 2021, the board of directors of the Urban One, Inc. (the “Company”) reappointed D. Geoffrey Armstrong to the Board.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

D. Geoffrey Armstrong was appointed as Director at URBAN ONE, INC..

Action: reappointed
Role: Director

Exact text from the filing

On July 26, 2021, the board of directors of the Urban One, Inc. (the “Company”) reappointed D. Geoffrey Armstrong to the Board.

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URBAN ONE, INC. filing history →

Source: SEC EDGAR

accession 0001041657-21-000062

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