Business Context and Reporting Period
Company: URBAN ONE, INC.
Filing Type: Form 8-K (Current Report)
Date of Report: January 6, 2026
Principal Event: Announcement and implementation of a 1-for-10 reverse stock split affecting all classes of Common Stock (A, B, C, and D).
Key Financial Metrics
This filing is a corporate action report and does not contain financial performance data. The document explicitly states that the reverse stock split will not affect the Company's underlying business operations, total stockholders' equity, or proportional ownership interests. No revenue, profit, cash flow, margin, debt, or liquidity figures are provided in this text.
Material Changes
- Stock Split Ratio: The Audit Committee approved a final ratio of 1-for-10.
- Effective Date: The split is effective as of 11:59 p.m. Eastern Time on January 22, 2026.
- Trading Symbols: Class A Common Stock will continue to trade under UONE and Class D Common Stock under UONEK.
- CUSIP Numbers: New CUSIPs are 91705J 303 (Class A) and 91705J 402 (Class D).
- Fractional Shares: No fractional shares will be issued; holders will receive cash in lieu of fractional shares based on the closing sales price on the Effective Date.
Guidance, Outlook, and Risks
Management Commentary: The Board and majority voting shareholders previously authorized a split ratio between 1-for-2 and 1-for-30. The final 1-for-10 ratio was selected to effect the amendment to the Certificate of Incorporation. The split is designed to affect all holders uniformly without changing percentage ownership or voting power (excluding minor adjustments from fractional share cash payments).
Risks and Contingencies: The filing includes standard forward-looking statement disclaimers. Risks cited include economic, public health, and political conditions impacting consumer confidence; cost and availability of capital; ability to obtain equity financing; general market conditions; and adequacy of cash flows to fund operations.
Investor Verification Checklist
- Verify the new CUSIP numbers (91705J 303 and 91705J 402) with your brokerage to ensure proper trading post-January 22, 2026.
- Confirm the treatment of fractional shares in your specific account, as cash will be paid in lieu of fractional shares at the closing price on the Effective Date.
- Review the definitive information statement filed on May 8, 2025, for complete details on the Certificate of Amendment.
- Note that this filing does not provide updated financial results; refer to the most recent Form 10-K or 10-Q for financial performance data.