08/24/2026 | Press release | Distributed by Public on 08/24/2026 14:11
| Item 8.01 |
Other Events. |
On August 19, 2026, Beasley Broadcast Group, Inc. (the "Company") received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with the Minimum Stockholders' Equity Requirement (as defined below) for continued listing on The Nasdaq Capital Market and that the matter is now closed.
As previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on April 14, 2026, the Company received written notice from Nasdaq on April 13, 2026 indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders' equity (the "Minimum Stockholders' Equity Requirement").
The Company's common stock continues to be listed and traded on The Nasdaq Capital Market under the ticker symbol "BBGI."
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