Industry News

Urban One Receives Non-Compliance Notice from Nasdaq

Urban One has received a notice of non-compliance from Nasdaq Stock Market LLC due to its failure to timely file its Quarterly Report for the period ended March 31, 2023 and the period ended June 30, 2023 with theim Securities and Exchange Commission. Urban One has disclosed that it has been unable to file the reports in a timely manner due to the change of its independent registered public accounting firm. The company was granted 180 days to come into compliance by Nasdaq or face delisting and Urban One says it anticipates it will be able to file the reports in question before the deadline of September 27, 2023.