On Monday (4/13), Beasley Broadcast Group received written notice from Nasdaq advising the company that it is not in compliance with the minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market. The rule requires companies listed on Nasdaq maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. At the end of 2025, Beasley reported a stockholders’ deficit of
$49,330,431 – below the stockholders’ equity requirement for continued listing. Beasley now has until May 28, 2026, unless otherwise directed by Nasdaq staff, to submit a plan to Nasdaq outlining how the company intends to regain compliance with Nasdaq’s continued listing standards. If Nasdaq accepts the plan, it may grant Beasley until October 10 to come into compliance. Beasley says it plans to timely submit its compliance plan to Nasdaq but notes that there’s no assurance Nasdaq will accept the or that if it does, Beasley will be able to regain compliance within the period provided.
MONDAY, MARCH 23, 2026
