Beasley Broadcast Group effects 1-for-20 reverse stock split effective Sept 23, 2024

BEASLEY BROADCAST GROUP INC

1-for-20 reverse split of Class A and Class B common stock, effective 11:59 p.m. ET on Sept 23, 2024.
No fractional shares issued; cash paid based on closing price on effective date.
Class A common stock continues trading on Nasdaq under BBGI with new CUSIP 074014 200.
Reverse split previously disclosed in definitive information statement filed Sept 3, 2024.

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