secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001193125-23-256168
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Broadcast receives Nasdaq delisting notice for bid price below $1.00
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- Received Nasdaq notice on Oct 13, 2023 for failure to meet $1.00 minimum bid price for 30 consecutive business days.
- Has 180 calendar days (until April 10, 2024) to regain compliance by closing at $1.00+ for 10 consecutive business days.
- May transfer listing to Nasdaq Capital Market for an additional 180-day compliance period if needed.
- Considering options including a reverse stock split; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312523256168/0001193125-23-256168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312523256168/d368488d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-256168

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