{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-049120","form_type":"8-K","ticker":"CMLS","cik":"0001058623","company_name":"CUMULUS MEDIA INC","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.086128+00:00","generated_at":"2026-06-03T15:09:09.969942+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cumulus Media amends exchange offer: 6.75% notes for 8% notes due 2029, extends deadline to May 1","bullets":["Issuer offers $940 principal of new 8% notes due 2029 per $1,000 of old 6.75% notes due 2026; maturity extended to July 2029.","Transaction Support Agreement with holders of ~80% of Old Notes and ~97% of Old Term Loans; 1% PIK fee for supporting group.","Amended expiration time extended to midnight May 1, 2024; withdrawal deadline extended to April 22, 2024.","Exchange offer now subject to minimum 95% tender condition (waivable); as of April 18, ~$15M (4.4%) of Old Notes tendered.","Concurrent Term Loan Exchange Offer for Old Term Loans; both exchanges conditioned on each other."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-049120","json":"https://secwatch.observer/filing/0001104659-24-049120.json","markdown":"https://secwatch.observer/filing/0001104659-24-049120.md","text":"https://secwatch.observer/filing/0001104659-24-049120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1058623/000110465924049120/0001104659-24-049120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1058623/000110465924049120/tm2412039d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T15:09:09.969942+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":[{"claim_id":"cadf7f4471e0bd2705e001e7576aa6ba08ecee28","claim":"CUMULUS MEDIA INC entered into Transaction Support Agreement with Ad-Hoc Group valued at 1% paid-in-kind fee (effective 2024-04-18).","evidence_excerpt":"On April 18, 2024, Cumulus Media Inc. (the “Company”) announced that its wholly-owned subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), entered into a Transaction Support Agreement (the “Transaction Support Agreement”) with a certain group of the Issuer’s Old Term Loan (as defined therein) lenders and holders of Old Notes","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1058623/000110465924049120/0001104659-24-049120-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Ad-Hoc Group"},{"label":"Value","value":"1% paid-in-kind fee"},{"label":"Effective","value":"2024-04-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}