secwatch.observer — SEC 8-K summary
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Issuer:     AUDACY, INC. (—)
CIK:        0001067837
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001193125-23-146495
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE commences delisting proceedings for Audacy due to low stock price; trading suspended
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- NYSE commenced delisting proceedings for Audacy (AUD) on May 16, 2023, citing abnormally low selling price under Section 802.01D.
- Trading of Audacy's Class A common stock on NYSE is suspended; shares can trade over the counter while delisting process proceeds.
- Audacy intends to appeal the NYSE's determination by filing a written request within ten business days.
- If appeal successful, stock may resume trading on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1067837/000119312523146495/0001193125-23-146495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1067837/000119312523146495/d468698d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-146495

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