Cumulus Delisted By NASDAQ

Delisted

CUMULUS MEDIA INC. stock has been delisted by NASDAQ.

The company notified the SEC in a filing TODAY (11/21) that because the stock traded below the required $1 per share mark for 30 consecutive business days and failed to regain compliance, it has been told that NASDAQ will take CUMULUS Class A common stock off the NASDAQ Capital Market as of the open of business on WEDNESDAY (11/22).

CUMULUS Class A common stock will trade on the OTC market ion the OTCQX market tier under its current CMLS symbol.  The company said in the filing that the move "will have no effect on the Company's business or operations."

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