CUMULUS MEDIA INC (CMLS): Nasdaq/NYSE listing notice — Cumulus Media (CMLS) to be delisted from Nasdaq; will begin trading on OTCQB effective May 2, 2025

CUMULUS MEDIA INC

Nasdaq determined to delist CMLS due to noncompliance with Listing Rules 5450(a)(2) and 5450(b)(1)(A).
Company will not appeal; trading suspension on Nasdaq effective at open on May 2, 2025.
CMLS has qualified for OTCQB quotation and expects trading under symbol CMLS to begin May 2, 2025.
Transition to OTCQB will not affect business operations; company will continue SEC filings.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

CUMULUS MEDIA INC received a nasdaq delisting notice notice regarding other (rules 5450(a)(2), 5450(b)(1)(A)).

Exchange: nasdaq
Notice: delisting notice
Rules: 5450(a)(2), 5450(b)(1)(A)

Exact text from the filing

April 23, 2025, Cumulus Media Inc. (the “Company”) received a notification from The NASDAQ Stock Market LLC (“Nasdaq”) indicating that, as a result of the Company’s previously disclosed noncompliance with Nasdaq Listing Rules 5450(a)(2) and 5450(b)(1)(A), Nasdaq has determined to delist the Company’s Class A common stock from the Nasdaq Global Market and will suspend trading of the Company’s Class A common stock on Nasdaq effective at the open of business, May 2, 2025, unless the Company timely requests an appeal of this determination before the Nasdaq Hearings Panel (the "Panel") by April 30

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CUMULUS MEDIA INC filing history →

Source: SEC EDGAR

accession 0001058623-25-000039

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