Urban One Amends ABL, Regains Nasdaq Compliance
Urban One has amended its existing asset-based lending facility and regained compliance with Nasdaq’s minimum bid price requirement, according to a Form 8-K filed with the Securities and Exchange Commission. The Silver Spring, MD-based broadcaster entered into a First Amendment to its Amended and Restated Credit Agreement on February 9. The amendment modifies the company’s current ABL facility, originally dated December 18, 2025, with Bank of America, N.A. serving as […]