Urban One, Inc. Executes Reverse Stock Split to Maintain Nasdaq Compliance

Urban One, Inc. Executes Reverse Stock Split

Urban One, Inc., listed on Nasdaq under the symbols UONE and UONEK, has taken a significant step to ensure compliance with Nasdaq's requirements. On January 16, 2026, the company revealed that its Board of Directors approved a reverse stock split at a ratio of 10 to 1 for all classes of its common stock. This measure comes after stockholders had previously supported the split during a vote held on June 18, 2025.

The primary purpose of this reverse stock split is to address the $1.00 per share minimum bid price requirement that is necessary for Urban One's Class D Common Stock to remain on the Nasdaq Capital Market. With the split set to take effect at 11:59 PM on January 22, 2026, shares of both Class A and Class D Common Stock will begin trading on a split-adjusted basis starting January 23, 2026. The Class A shares will continue under the symbol UONE while the Class D shares will trade as UONEK, with new CUSIP numbers assigned to both classes.

As part of the process, every 10 shares of Class A and Class D Common Stock outstanding as of the Effective Date will be automatically converted into one share of the respective class. To clarify, there will be no issuance of fractional shares. Shareholders who are entitled to fractional shares will receive cash equivalent to the market closing price of the Class A or Class D shares on the Effective Date instead.

Furthermore, this reverse stock split will be conducted uniformly across all classes of common stock, meaning it will affect all shareholders equally without impacting their overall ownership percentage in the company. The proportional voting power for existing shareholders will also remain unchanged apart from minor adjustments resulting from the treatment of fractional shares.

Urban One, Inc. continues to be a formidable player in the media landscape, particularly targeting African American and urban consumer demographics. As of late 2025, the company owned and operated a substantial range of media assets and stations.

Among its various holdings, Urban One features TV One, LLC—a television network that serves over thirty-five million households with diverse original programming and classic series tailored to entertain and inform Black American audiences. Additionally, the company managed a total of 74 independently operated broadcast stations, including 57 FM or AM stations, 15 HD stations, and two low-power television stations across key metropolitan areas with significant African-American populations.

Urban One's reach extends into digital media through its subsidiary, iOne Digital. This platform caters specifically to the African American community by providing a mix of social content, news, and entertainment across multiple websites, including popular brands like Bossip, Cassius, HipHopWired, and MadameNoire. Through this diverse portfolio, Urban One has established itself as the largest diversified media company focused on these crucial markets.

Through its integrated multi-media operations, Urban One offers advertisers a robust platform to reach Black and urban audiences in the United States, highlighting its importance in the evolving media landscape. As the company navigates through this reverse stock split, stakeholders remain poised to observe how these strategic operational decisions help sustain and potentially enhance its market presence moving forward.