Beasley Broadcast Group Completes Private Placement of Warrants

What Happened

• On September 30, 2026, Beasley Broadcast Group, Inc. announced it completed a concurrent private placement (the “Concurrent Private Placement”) and issued private securities consisting of Common Warrants, Pre‑Funded Warrants and the Class A common stock underlying the Common Warrants.
• The Private Securities were issued in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and applicable state “blue sky” laws; they may not be offered or sold in the U.S. except pursuant to an effective registration statement or another applicable exemption.

Key Details

• Transaction date: September 30, 2026.
• Securities issued: Common Stock Purchase Warrants, Pre‑Funded Warrants, and Class A common stock underlying the Common Warrants (collectively, “Private Securities”).
• Registration/exemption: Issued under Section 4(a)(2) of the Securities Act (private placement exemption).
• Exhibits filed with the 8‑K include forms of the Common and Pre‑Funded Warrants, the Securities Purchase Agreement and Placement Agency Agreement, and an opinion letter from Latham & Watkins LLP.

Why It Matters

• This filing documents a private capital-raising step by Beasley that produces new warrant instruments and underlying shares that could affect the company’s share count if exercised or converted.
• Because the securities were issued privately under Section 4(a)(2), resale or offering in the U.S. is restricted until an effective registration statement is in place or another exemption applies — investors should watch for subsequent filings that would permit resale or reflect dilution.