---
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"
generated_at: "2026-05-25T02:54:13.838845+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cumulus Media warned by NASDAQ for equity shortfall; must submit compliance plan

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-25-000034
- JSON: https://secwatch.observer/filing/0001058623-25-000034.json
- Plain text: https://secwatch.observer/filing/0001058623-25-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.