secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2021-07-30T23:59:59+00:00
Accession:  0001041657-21-000062
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000104165721000062/0001041657-21-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000104165721000062/form8-kjuly262021.htm
  HTML page:      https://secwatch.observer/filing/0001041657-21-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer