secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001558370-23-006861
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban One completes sale of MGM National Harbor interest for $136.8M
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- Closed sale of 100% interest in MGM National Harbor, LLC to MGMNH on April 21, 2023.
- Received approximately $136.8 million at settlement plus $8.7 million annual distribution for FY2022.
- Sale pursuant to put notice issued March 8, 2023; previously reported on Form 8-K.
- Proceeds from sale not yet earmarked; company cites forward-looking risks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000155837023006861/0001558370-23-006861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000155837023006861/uone-20230421x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-006861

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer