Urban One obtains waiver on delayed 10-K and Q1 10-Q; new deadline June 17

URBAN ONE, INC.

Entered seventh waiver and amendment to credit agreement waiving defaults from late delivery of 2023 10-K and Q1 2024 10-Q.
New due date for the delayed reports is June 17, 2024.
Bank of America, N.A. acts as administrative agent; lenders party to the amendment.
Failure to timely deliver required financial deliverables triggered the events of default.

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