{"schema_version":"secwatch.filing_event.v1","accession":"0001058623-25-000034","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.832438+00:00","generated_at":"2026-05-25T02:54:13.838845+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"Cumulus Media warned by NASDAQ for equity shortfall; must submit compliance plan","bullets":["Stockholders' equity of $6.951M as of Dec 31, 2024, below NASDAQ's $10M minimum for Global Market.","Received NASDAQ notice March 6, 2025; must submit compliance plan by April 21, 2025.","If plan accepted, NASDAQ may grant up to 180-day extension to regain compliance.","Company also considering transfer to NASDAQ Capital Market as alternative.","Failure could lead to delisting, subject to appeal process."],"urls":{"canonical":"https://secwatch.observer/filing/0001058623-25-000034","json":"https://secwatch.observer/filing/0001058623-25-000034.json","markdown":"https://secwatch.observer/filing/0001058623-25-000034.md","text":"https://secwatch.observer/filing/0001058623-25-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000034/0001058623-25-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000034/cmls-20250306.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T02:54:13.838845+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}