On January 16, 2026, Urban One, Inc. (Nasdaq: UONE and UONEK) made headlines with the announcement of a reverse stock split, a strategic move aimed at maintaining compliance with Nasdaq’s minimum bid price requirement. This decision comes after a stockholder vote on June 18, 2025, which provided the Board of Directors the authority to determine the final split ratio.

1. Details of the Reverse Stock Split

The approved reverse stock split will see all classes of Urban One's common stock undergo a consolidation at a ratio of 10 for 1. This means that for every ten shares of Class A or Class D Common Stock held by shareholders, they will receive one share following the split. The reverse stock split is set to become effective at 11:59 p.m. on January 22, 2026. Trading of the adjusted shares will commence on January 23, 2026.

Symbol and CUSIP Changes

Post-split, shares of Class A Common Stock will continue to trade under the symbol "UONE," but with a new CUSIP number of 91705J 303. Similarly, Class D Common Stock will retain its symbol "UONEK" and will also feature a new CUSIP number of 91705J 402. This adjustment is crucial for investors and market analysts monitoring the company’s performance.

Implications for Shareholders

Urban One has assured stakeholders that the reverse stock split will not alter their percentage of ownership or voting power within the company. Each shareholder’s stake in Urban One will remain intact, barring minor adjustments due to fractional share treatments. Importantly, no fractional shares will be issued; instead, those entitled to a fractional share will receive cash equivalent to the closing sales price of the stock on the Effective Date.

2. Rationale Behind the Move

The primary objective of the reverse stock split is to ensure compliance with Nasdaq’s minimum bid price requirement of $1.00 for continued listing, particularly concerning shares of Class D Common Stock. This move is significant for Urban One, as maintaining a presence on the Nasdaq Capital Market is crucial for attracting and retaining investors, ensuring liquidity, and sustaining the company's growth trajectory.

3. About Urban One, Inc.

Urban One, Inc. is recognized as the largest diversified media company targeting Black Americans and urban consumers in the United States. The company operates multiple platforms, including TV One, LLC, which reaches over thirty-five million households with a rich offering of original programming and classic series. As of the end of 2025, Urban One managed 74 broadcast stations across 13 major African-American markets and holds a controlling interest in Reach Media, Inc., which produces popular syndicated shows such as the Rickey Smiley Morning Show and the DL Hughley Show.

In addition to its radio and television operations, Urban One owns iOne Digital, a comprehensive digital platform that caters to the African American community through various websites and social content. This multi-faceted approach allows Urban One to deliver unique advertising opportunities to brands looking to connect with urban audiences.

4. Conclusion

Urban One's decision to implement a reverse stock split underscores its commitment to navigating regulatory requirements and maintaining its competitive edge in the media landscape. By ensuring compliance with Nasdaq’s listing standards, Urban One aims to bolster its market position while continuing to serve its core audience effectively. As the Effective Date approaches, investors and analysts will be keenly observing the impact of this strategic move on the company's stock performance and overall market perception.

Original press release