Company: UONE
Filing Date: 2025-04-09
Form Type: 8-K
Source: 0001041657-25-000018
Chunk: 0

Company: URBAN ONE, INC.
Filing Date: 2025-04-09
Form: 8-K
Item: Item 4.01
Chunk 0
---
Item 4.01.

Changes in Registrant’s Certifying Accountant

On April 7, 2025, the Company notified Ernst & Young LLP (“ EY”) that it would be dismissed as the Company’s independent registered public accounting firm. The Audit Committee of the Company’s Board of Directors (the “ Audit Committee”) approved the dismissal of EY on April 7, 2025 and EY’s dismissal as the Company’s independent registered public accounting firm will be effective on April 7, 2025. The Audit Committee has appointed PricewaterhouseCoopers LLC (“ PwC”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025 effective as of April 7, 2025.

The audit reports of EY on the Company’s consolidated financial statements as of and for the years ended December 31, 2024 and December 31, 2023 contained no adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the Company’s fiscal years ended December 31, 2024 and December 31, 2023 and through April 7, 2025, the Company had no disagreements with EY on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of EY, would have caused EY to make reference to the subject matter of the disagreement in connection with its reports on the financial statements of the Company for such years.

During the Company’s fiscal years ended December 31, 2024 and December 31, 2023 and through April 7, 2025, no “reportable event” as defined in Item 304(a)(1)(v) of Regulation S-K occurred, other than the material weaknesses in internal control over financial reporting disclosed in the Company’s Annual Reports on Form 10-K for the years ended December 31, 2024 and December 31, 2023, some of which has been remediated as reflected in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. The material weaknesses related to:

• Control Environment, Risk Assessment, Information and Communication, and Monitoring - We did not have appropriately designed entity-level controls impacting the (1) control environment, (2) risk assessment procedures, (3) identification of control activities and (4) monitoring activities to prevent or detect