---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-237274"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:22:24.398594+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beasley Broadcast completes exchange of $184.9M notes, issues $30.9M new notes, regains Nasdaq compliance

## Summary
- Issued $184.9M of 9.200% Senior Secured Second Lien Notes due 2028 in exchange for existing 8.625% notes.
- Issued $30.9M of 11.000% Senior Secured First Lien Notes due 2028; proceeds used to purchase $68M of existing notes at 62.5% of par.
- Issued 179,384 shares of Class A common stock as part of exchange, plus sold 56,864 shares to Beasley Family Towers LLC for $700,000.
- Regained Nasdaq minimum bid price compliance; closing bid price above $1.00 for 10 consecutive days ended Oct 7, 2024.
- Supporting holder waived minimum participation condition, enabling the exchange to close.

## SEC filing metadata
- accession: 0001193125-24-237274
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000119312524237274/0001193125-24-237274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000119312524237274/d861296d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-237274
- JSON: https://secwatch.observer/filing/0001193125-24-237274.json
- Plain text: https://secwatch.observer/filing/0001193125-24-237274.txt

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