Add URBAN ONE to the checklist of broadcasting firms falling out of compliance with inventory trade guidelines, however the firm’s infraction didn’t contain its inventory value however moderately concerned being late in submitting its Annual Report for 2022.
The corporate missed its deadline to get its 2022 Kind 10-Okay to NASDAQ and has 60 calendar days to get the shape on file (or submit a plan to regain compliance, wherein case it has 180 days to conform). URBAN ONE says that it expects to file the 10-Okay by the tip of the 60 day interval, which ends on JUNE 2nd.