secwatch.observer — SEC 8-K summary
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Issuer:     URBAN ONE, INC. (UONE)
CIK:        0001041657
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001558370-24-008928
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1041657/000155837024008928/0001558370-24-008928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1041657/000155837024008928/uone-20240530x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-008928

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