secwatch.observer — SEC 8-K summary
======================================

Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001041657-25-000007
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban One receives Nasdaq bid-price deficiency notice for Class D common stock
------------------------------------------------------------------------------

- Nasdaq notified Urban One on Feb 11, 2025, that Class D stock (UONEK) closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until Aug 11, 2025) to regain compliance by achieving $1.00 closing bid for 10 consecutive days.
- If not cured by Aug 11, Company may qualify for an additional 180-day period by meeting other listing standards and effecting a reverse stock split if needed.
- Class A common stock (UONE) is not affected by the deficiency notice.
- Company will consider all options including a reverse stock split but gives no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000104165725000007/0001041657-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000104165725000007/uone-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001041657-25-000007

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