---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-22-000059"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:58:34.018370+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Townsquare Media discloses material weakness in internal controls as of Dec 31, 2021

## Summary
- Control deficiency: inadequate documentation of software functionality testing for automation system log.
- Management and BDO USA LLP opinions on internal control effectiveness no longer reliable.
- No material misstatements in financial statements; amendments to 10-K and 10-Q expected in August 2022.
- Remediation plan initiated; effectiveness evaluation scheduled for Q3 and Q4 2022.

## SEC filing metadata
- accession: 0001499832-22-000059
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000059/0001499832-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000059/tsq-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-22-000059
- JSON: https://secwatch.observer/filing/0001499832-22-000059.json
- Plain text: https://secwatch.observer/filing/0001499832-22-000059.txt

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