Company: UONE
Filing Date: 2025-11-14
Form Type: 8-K
Source: 0001041657-25-000061
Chunk: 1

Company: URBAN ONE, INC.
Filing Date: 2025-11-14
Form: 8-K
Item: Item 1.01
Chunk 1
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andum”) provided to holders of the Existing Notes.

Pursuant to the Transaction Support Agreement, each Supporting Noteholder has agreed to (i) tender the maximum amount accepted by the Company of its Existing Notes in the Tender Offer and the remaining portion of its Existing Notes in the Exchange Offer and deliver its related Consents in the Consent Solicitation and (ii) collectively with the other Supporting Noteholders, backstop the full Subscription Offer as set forth in the Transaction Support Agreement (the “ Backstop Commitment”). In consideration for the Supporting Noteholders’ Backstop Commitment, the Company will pay to the Supporting Noteholders a premium in an amount equal to 3.0% of the total aggregate principal amount of First Lien Notes issued in connection with the Subscription Offer and the Backstop Commitment, as set forth in the Transaction Support Agreement.

The Transaction Support Agreement includes representations, warranties, covenants and closing conditions customary for agreements of this type, including the condition that a minimum of 98% of the outstanding aggregate principal amount of Existing Notes shall have been validly tendered (and not validly withdrawn) pursuant to the Exchange Offer and/or Tender Offer. The Transaction Support Agreement will, among other circumstances, terminate at the mutual written consent of the Company and the Supporting Noteholders, on the Settlement Date or on December 30, 2025 (subject to extension pursuant to the terms of the Transaction Support Agreement) if the Settlement Date has not yet occurred.

The foregoing description of the Transaction Support Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Transaction Support Agreement, a copy of which is included as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.