Urban One secures extension of Nasdaq suspension stay; delisting hearing set for Nov 30

URBAN ONE, INC.

Nasdaq notified Urban One on Sept 28, 2023 of potential delisting for failing to file Q1 and Q2 2023 10-Qs.
Company appealed Oct 5, 2023; Nasdaq Hearings Panel granted stay extension pending Nov 30, 2023 hearing.
Urban One expects to file delinquent reports before Nov 30; shares avoid delisting until final decision.
If filings are not made or hearing outcome is adverse, delisting could occur.

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