{"schema_version":"secwatch.filing_event.v1","accession":"0001058623-25-000039","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.360352+00:00","generated_at":"2026-05-23T07:51:24.962086+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"confidence":"high","headline":"Cumulus Media (CMLS) to be delisted from Nasdaq; will begin trading on OTCQB effective May 2, 2025","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001058623-25-000039","json":"https://secwatch.observer/filing/0001058623-25-000039.json","markdown":"https://secwatch.observer/filing/0001058623-25-000039.md","text":"https://secwatch.observer/filing/0001058623-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000039/0001058623-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000105862325000039/cmls-20250423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:51:24.962086+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"}