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Urban One approves 1-for-10 reverse stock split to regain Nasdaq compliance | Deepscope News
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 January 16, 2026 08:48 PM  seekingalpha.com Positive

Urban One approves 1-for-10 reverse stock split to regain Nasdaq compliance

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* Urban One (UONE [https://seekingalpha.com/symbol/UONE]) (Nasdaq: UONE and UONEK) said on Friday its board has approved a 1-for-10 reverse stock split of all classes of its common stock, including its publicly traded Class A and Class D shares.
* The reverse split is intended to help the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement for its Class D common stock.
* It is expected to take effect at 11:59 p.m. on January 22, 2026, with split-adjusted trading to begin on January 23.
* Under the reverse split, every 10 shares of Class A and Class D common stock will be converted into one share of the respective class.
* Fractional shares will not be issued, with shareholders receiving cash in lieu based on the closing price on the effective date.
* UONEK closed +5.38% at $0.875.
* Source: Press Release [https://seekingalpha.com/pr/20367239-urban-one-inc-announces-reverse-stock-split]

MORE ON URBAN ONE

* Urban One, Inc. (UONEK) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4837714-urban-one-inc-uonek-q3-2025-earnings-call-transcript]
* Urban One cuts full-year EBITDA guidance to $56M–$58M as radio and digital revenues decline [https://seekingalpha.com/news/4514852-urban-one-cuts-full-year-ebitda-guidance-to-56m-58m-as-radio-and-digital-revenues-decline]
* Seeking Alpha’s Quant Rating on Urban One [https://seekingalpha.com/symbol/UONEK/ratings/quant-ratings]
* Financial information for Urban One [https://seekingalpha.com/symbol/UONEK/income-statement]

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