---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-409198"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2026-09-30T20:59:28+00:00"
generated_at: "2026-10-12T14:08:49.457879+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Beasley raises $4.3M net at $14/share; $15 warrants; redeems $11.4M of 11.000% 2028 notes

## Summary
- Registered Direct Offering: 200,000 Class A shares at $14.00 each, plus pre-funded warrants for 157,000 shares at $13.9999 (exercise price $0.0001).
- Concurrent private placement: 357,000 Common Warrants at $15.00/share, exercisable six months after issuance with a 5.5-year term.
- Net proceeds ~$4.3M; A.G.P./Alliance Global Partners receives a 6.0% cash fee plus reimbursement of up to $50,000 in expenses.
- Proceeds, plus asset-sale proceeds from towers, real estate and two radio stations, cut the Siena Lending ABL revolver by ~$2.2M and redeem ~$11.4M of 11.000% first-lien notes due 2028.
- Directors and officers signed 60-day lock-up agreements; company agreed to a 60-day share-issuance standstill and a 180-day ban on Variable Rate Transactions.

## SEC filing metadata
- accession: 0001193125-26-409198
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2026-09-30T20:59:28+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000119312526409198/0001193125-26-409198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000119312526409198/d155672d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-409198
- JSON: https://secwatch.observer/filing/0001193125-26-409198.json
- Plain text: https://secwatch.observer/filing/0001193125-26-409198.txt

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