Company: UONE
Filing Date: 2025-12-02
Form Type: 8-K
Source: 0001041657-25-000064
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Company: URBAN ONE, INC.
Filing Date: 2025-12-02
Form: 8-K
Item: Item 8.01
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Item 8.01. Other Events.

On December 1, 2025, Urban One, Inc. (the “ Company”), announced the early results of its previously announced (i) offers (a) to exchange (the “ Exchange Offer”) any and all of its outstanding 7.375% Senior Secured Notes due 2028 (the “ Existing Notes”) for newly issued 7.625% Second Lien Senior Secured Notes due 2031 (the “ Exchange Notes”), and cash, (b) to purchase (the “ Tender Offer”) up to $185.0 million in aggregate principal amount of the Existing Notes for up to $111.0 million in cash and (c) the right to subscribe to purchase (the “ Subscription Offer” and, together with the Exchange Offer and the Tender Offer, collectively, the “ Offers”) up to $60.6 million in aggregate principal amount of newly issued 10.500% First Lien Senior Secured Notes due 2030 (the “ New First Lien Notes” and, together with the Exchange Notes, the “ New Notes”) and (ii) related consent solicitation (the “ Consent Solicitation”).

Based on the early tenders as of 5:00 p. m., New York City time, on December 1, 2025, eligible holders had validly tendered and not validly withdrawn approximately $450.0 million aggregate principal amount for tender and/or exchange, representing approximately 92.2% of the outstanding principal amount, of the Existing Notes in the Offers and Consent Solicitation.

Prior to the Early Tender Date, Eligible Holders (other than the Supporting Noteholders (as defined below)) subscribed to purchase approximately $4.7 million in aggregate principal amount of New First Lien Notes. As previously announced, pursuant to a Transaction Support Agreement, dated as of November 14, 2025, by and among the Company and certain holders (the “ Supporting Noteholders”) of Existing Notes, the Supporting Noteholders have agreed to backstop the full Subscription Offer and are expected to purchase the remaining approximately $55.9 million in aggregate principal amount of New First Lien Notes, subject to the terms and conditions set forth in the Transaction Support Agreement.

As of 5:00 p. m., New York City time, on December 1, 2025, the right to withdraw tenders and exchanges of Existing Notes and related consents expired.

The Offers and the Consent Solicitation will expire at 5