URBAN ONE, INC. 8-K

What Happened
Urban One, Inc. (UONE) filed an 8-K on Feb. 11, 2026 reporting a First Amendment to its Amended and Restated Credit Agreement (originally dated Dec. 18, 2025) and confirming Nasdaq has determined the company regained compliance with the $1.00 minimum bid price listing rule. The Amendment, effective Feb. 9, 2026, clarifies the definition of the facility’s “Maturity Date.” Separately, Nasdaq notified the company on Feb. 9, 2026 that the closing bid for Urban One’s Class D common stock was $1.00 or greater for ten consecutive business days (Jan. 23–Feb. 6, 2026), and Nasdaq has closed its delisting review.

Key Details

• The First Amendment to the Amended and Restated Credit Agreement (filed as Exhibit 4.1) amends the Current ABL Facility arranged with Bank of America, N.A. as Administrative Agent.
• The Amendment defines “Maturity Date” as the earlier of: (a) December 18, 2030; (b) 91 days before the maturity/expiration date of any Material Indebtedness (other than the Existing Notes); or (c) the date the Existing Notes Non‑Springing Maturity Condition is no longer true.
• Nasdaq compliance: closing bid met the $1.00 minimum for ten consecutive business days (Jan. 23–Feb. 6, 2026); Nasdaq ceased delisting action and considers the matter closed.

Why It Matters
The credit‑agreement amendment clarifies when the ABL facility matures, which affects the timing of the company’s borrowing availability and contractual obligations under that facility. Regaining Nasdaq’s minimum bid-price compliance removes immediate delisting risk for the company’s Class D shares and reduces short-term market uncertainty for investors. The filing also contains the company’s forward‑looking statement caution noting risks (including items such as internal control matters and market conditions) that could affect future results.