{"schema_version":"secwatch.filing_event.v1","accession":"0001041657-25-000070","form_type":"8-K","ticker":"UONE","cik":"0001041657","company_name":"URBAN ONE, INC.","filed_at":"2025-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.631684+00:00","generated_at":"2026-05-16T12:41:54.968383+00:00","sec_items":["1.01","2.03","5.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Urban One completes $291M second lien note exchange, issues $60.6M first lien notes, amends ABL facility","bullets":["Issued $291.02M of 7.625% second lien notes due 2031 in exchange for existing 7.375% notes; $60.6M of 10.5% first lien notes due 2030 issued for cash.","Tender offer for $185M of existing notes oversubscribed; 97.58% of outstanding existing notes validly tendered.","Amended ABL credit agreement provides $75M commitments with $25M incremental capacity, secured primarily by ABL priority collateral.","Supporting noteholders backstopped ~$56.2M of new first lien notes; CEO Alfred Liggins entered transaction letter agreement on compensation.","Supplemental indenture adopted to eliminate restrictive covenants and release liens on existing notes, effective upon settlement."],"urls":{"canonical":"https://secwatch.observer/filing/0001041657-25-000070","json":"https://secwatch.observer/filing/0001041657-25-000070.json","markdown":"https://secwatch.observer/filing/0001041657-25-000070.md","text":"https://secwatch.observer/filing/0001041657-25-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/uone-20251215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:41:54.968383+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1f6c26696d01da35268af7d251af612a21dcb61a","claim":"URBAN ONE, INC. incurred senior notes of $60.6 million at 10.500% maturing due 2030.","evidence_excerpt":"On December 18, 2025, the Issuer issued $60.6 million aggregate principal amount of 10.500% First Lien Senior Secured Notes due 2030 (the “New First Lien Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$60.6 million"},{"label":"Rate","value":"10.500%"},{"label":"Maturity","value":"due 2030"},{"label":"Event","value":"incurrence"}]},{"claim_id":"d0cbfc77e9c8839b0d2e66cc61e20874cd3b977b","claim":"URBAN ONE, INC. incurred senior notes of $291.02 million at 7.625% maturing due 2031.","evidence_excerpt":"On December 18, 2025, Urban One, Inc. (the “Issuer”), issued $291.02 million aggregate principal amount of the Issuer’s 7.625% Second Lien Senior Secured Notes due 2031 (the “2L Exchange Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1041657/000104165725000070/0001041657-25-000070-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$291.02 million"},{"label":"Rate","value":"7.625%"},{"label":"Maturity","value":"due 2031"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}