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Stock impact report

Beasley Broadcast Group Extends Withdrawal Deadline, Expiration Date and Subscription Form Delivery Date of Previously Announced Exchange Offer and Tender Offer

Beasley Broadcast Group, Inc. - Class A (BBGI) 
US:NASDAQ Investor Relations: bbgi.com/investors-2
Company Research Source: GlobeNewswire
NAPLES, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (the “Company”), a multi-platform media company, today announced that the Withdrawal Deadline, Expiration Date and Subscription Form Delivery Date in connection with the previously announced exchange offer (the “Exchange Offer”), tender offer (the “Tender Offer”), and offering of new notes (the “New Notes Offer” and together with the Exchange Offer and the Tender Offer, collectively, the “Offers”) by its wholly owned subsidiary, Beasley Mezzanine Holdings, LLC (the “Issuer”), have been extended to 5:00 P.M., New York City time, on October 4, 2024, unless further extended. The Settlement Date has been extended to October 8, 2024, unless further extended. The extension was granted at the request of certain key holders (the “Holders”) of the existing 8.625% Senior Secured Notes due 2026 (the “Existing Notes”) to amend their relative participation in the Tender Offer and the Exchange Offer. A Show less Read more
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