---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-221756"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:27:26.838130+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beasley Broadcast Group approves 1-for-20 reverse stock split to regain Nasdaq compliance

## Summary
- Reverse stock split ratio set at 1-for-20; effective September 23, 2024.
- Split-adjusted trading begins September 24 under symbol BBGI, new CUSIP 074014 200.
- Purpose is to regain Nasdaq minimum $1.00 bid price requirement for continued listing.
- No fractional shares issued; cash paid in lieu based on closing price on effective date.
- Stockholders approved split on August 26, 2024; Board set final ratio on September 13.

## SEC filing metadata
- accession: 0001193125-24-221756
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000119312524221756/0001193125-24-221756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000119312524221756/d879704d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-221756
- JSON: https://secwatch.observer/filing/0001193125-24-221756.json
- Plain text: https://secwatch.observer/filing/0001193125-24-221756.txt

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