Urban One, Inc. Receives Additional Delinquency Notification from Nasdaq [Yahoo! Finance]
Urban One, Inc. - Class D (UONEK)
US:NASDAQ Investor Relations:
urban1.com/urban-one-investor-relations
Company Research
Source: Yahoo! Finance
letter (the "Second Nasdaq Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was further non-compliant with Nasdaq Listing Rule 5250(c)(1) (the "Periodic Filing Rule") as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the "2024 Q1 Form 10-Q") with the United States Securities and Exchange Commission ("SEC"). The Second Nasdaq Notice noted that on April 8, 2024, Nasdaq sent the Company a letter notifying the Company that it was not in compliance with the Periodic Filing Rule as it did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "2023 Form 10-K" and, together with the 2024 Q1 Form 10-Q, the "Delayed Filings"), with the SEC. Under the Nasdaq rules, the Company now has until June 7, 2024 , to file the Delayed Filings or submit a plan to regain compliance. If Nasdaq accepts the compliance plan, Nasdaq may
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