Beasley weighs reverse stock split to avoid Nasdaq delist

In October, Beasley Media Group received a warning from Nasdaq to bring its stock price above the $1.00 per share minimum value within 180 days to avoid a delisting. Despite share value remaining under the threshold, Beasley has secured a second window to bring the price up — and the company says “all reasonable available options” are on the table.

The broadcaster successfully moved its Class A common stock from the Nasdaq Global Market to the Nasdaq Capital Market, effective as of the opening of business on April 18.

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