---
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"
generated_at: "2026-05-23T07:51:24.962086+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cumulus Media (CMLS) to be delisted from Nasdaq; will begin trading on OTCQB effective May 2, 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058623-25-000039
- JSON: https://secwatch.observer/filing/0001058623-25-000039.json
- Plain text: https://secwatch.observer/filing/0001058623-25-000039.txt

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