---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-003494"
form_type: "8-K"
ticker: "UONE"
cik: "0001041657"
company_name: "URBAN ONE, INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:13:13.441912+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Urban One issues put for MGMNH stake, expects $145.5M; delays 10-K, cites control weaknesses

## Summary
- Put notice for 100% of MGM National Harbor interest; expects ~$145.5M cash including FY2022 distribution.
- Filed Form 12b-25 for late 10-K; expects to file within 15-day extension by March 31, 2023.
- Identified material weaknesses in internal control over financial reporting as of Dec 31, 2022.
- No changes to prior audited financials; FY2022 results not materially different from Q3 guidance.
- Auditor expected to issue unqualified opinion on consolidated financial statements.

## SEC filing metadata
- accession: 0001558370-23-003494
- form_type: 8-K
- ticker: UONE
- cik: 0001041657
- company_name: URBAN ONE, INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041657/000155837023003494/0001558370-23-003494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041657/000155837023003494/uone-20230308x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-003494
- JSON: https://secwatch.observer/filing/0001558370-23-003494.json
- Plain text: https://secwatch.observer/filing/0001558370-23-003494.txt

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