Urban One Executes Reverse Stock Split for Nasdaq Compliance and Market Stability

Urban One Implements Reverse Stock Split to Maintain Nasdaq Listing Compliance

Urban One, Inc. announces a strategic move to maintain its listing on the Nasdaq Capital Market through a reverse stock split, set to take effect on January 22, 2026. This decision, approved by the Board of Directors on January 16, 2026, follows stockholder approval the previous year and is primarily aimed at meeting the minimum bid price requirement of $1.00 for continued trading on the exchange. The reverse stock split will adjust the ratio of shares, changing every 10 shares of Class A and Class D common stock into one share, while preserving the overall equity structure of the company.

The reverse stock split is designed to stabilize Urban One’s stock price amidst challenges in the market. By effectively reducing the number of outstanding shares, the company hopes to enhance the perceived value of its stock and attract a broader range of investors. Importantly, this action does not alter the percentage ownership interests or voting power of existing shareholders, aside from minor adjustments due to fractional shares. Urban One emphasizes that the operational functions of the business and its total stockholders’ equity remain unaffected, reinforcing the notion that this financial maneuver is more about compliance and market positioning than operational changes.

This decision is significant not only for Urban One but also for the broader media industry, where compliance with exchange regulations can directly impact a company’s visibility and investment appeal. The move underlines Urban One’s commitment to maintaining a compliant and attractive investment profile, particularly as it navigates the competitive landscape of media and broadcasting. With trading on a split-adjusted basis slated to commence on January 23, 2026, the company prepares for a new chapter in its market presence.

In addition to the split, Urban One will assign new CUSIP numbers for the classes of shares, marking this transition clearly for investors. The company reassures stakeholders that no fractional shares will be issued; instead, those entitled will receive cash equivalent to the closing price on the effective date, ensuring a smooth transition for all shareholders involved.

Urban One’s focus on compliance and stability reflects a proactive approach to navigating regulatory challenges, positioning itself strongly within the media sector while addressing shareholder interests.