Net News search results for: nasdaq stock market
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September 11, 2017
Cumulus Appeals NASDAQ Delisting
CUMULUS MEDIA INC. has filed an appeal of the FRIDAY, SEPTEMBER 1st notice of delisting it received from NASDAQ. CUMULUS has fallen short of complying with NASDAQ's minimum stockholders’ equity requirement; the appeal averted delisting … more »
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May 17, 2017
What Might Lew Dickey Do With $180 Million?
Is former CUMULUS MEDIA Pres./CEO LEW DICKEY looking at a return to the radio business -- or does he have his eye on another acquisition? DICKEY's MODERN MEDIA ACQUISITION CORP. has announced the pricing of its initial public offering of 18 million … more »
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April 10, 2017
Cumulus, SBS Get Delisting Notices
CUMULUS MEDIA and SPANISH BROADCASTING SYSTEM both notified the SEC on FRIDAY (4/7) that they have been warned once again that their stocks may be delisted if they fail to bring the prices up to standards. CUMULUS, which avoided delisting with a 1-for-8 … more »
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March 28, 2017
NASDAQ Warns Cumulus Of Delisting Possibility Again... But Company Offers An Explanation
CUMULUS MEDIA has once again been notified by NASDAQ that it faces delisting because its stockholders' equity has dropped below the market's standards. However, the company says that the reasons for the non-compliance were one-time non-cash … more »
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March 20, 2017
SBS Stock To Exit NASDAQ, Go OTC On March 24th
The official date for SPANISH BROADCASTING SYSTEM's delisting from NASDAQ's Global Market and move to over-the-counter trading via OTCQX Best Market is MARCH 24th. The date for SBS' official move was disclosed in an SEC Form 25-NSE filed by … more »
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January 19, 2017
SBS Delisted From NASDAQ, Moves To OTCQX
SPANISH BROADCASTING SYSTEM, which had gotten an extension of the time by NASDAQ for the company to regain compliance with listing standards for the NASDAQ Global Market, has failed to hit those goals, and has been delisted from the stock market. SBS … more »
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January 3, 2017
The Bordes Family Moves To Divest All Their Beasley Broadcasting Stock
The BORDES family -- previous owners of GREATER MEDIA -- are selling off the BEASLEY stock they received in the transaction. LEE BORDES, the widow of GREATER MEDIA founder PETER BORDES, SR., and other family members have filed notice with the SEC that … more »
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October 12, 2016
Cumulus Reverse Stock Split Approved In Stockholder Vote
CUMULUS MEDIA, INC.'s stockholders have approved the company's 1-for-8 reverse stock split, designed to help the company regain compliance with NASDAQ listing requirements. The plan was approved in a vote TODAY (10/12) and will be effective at 5p … more »
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September 26, 2016
Spanish Broadcasting System Gets Extension Of Time To Regain Compliance With NASDAQ Listing Standards
SPANISH BROADCASTING SYSTEM has gotten an extension of the time granted by NASDAQ for the broadcaster to regain compliance with listing standards for the NASDAQ Global Market. In an SEC Form 8-K filing, SBS said that it got the extension and continued … more »
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September 12, 2016
Cumulus Files Special Meeting Proxy Statement To Vote on Reverse Stock Split
CUMULUS MEDIA filed a preliminary proxy statement with the SEC last FRIDAY (9/9) previewing the company's next special meeting of stockholders and proposing a reverse stock split to avoid delisting by NASDAQ. No date was set for the special meeting … more »