Townsquare Media Files 8-K

TL;DR

TSQ filed an 8-K on Dec 11 for Dec 10 events, mostly financial docs.

AI Summary

Townsquare Media, Inc. filed an 8-K on December 11, 2024, reporting on events that occurred on December 10, 2024. The filing primarily concerns financial statements and exhibits, with no specific material events detailed in the provided text.

Why It Matters

This filing indicates that Townsquare Media is providing updated financial information or exhibits to the SEC, which could be relevant for investors monitoring the company's financial health.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any immediate material adverse events.

Key Numbers

• 2024-12-10 — Date of earliest event reported (Reporting period for the 8-K)
• 2024-12-11 — Filing Date (Date the 8-K was submitted to the SEC)

Key Players & Entities

• Townsquare Media, Inc. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• 27-1996555 (identifier) — I.R.S. Employer Identification No.
• One Manhattanville Road, Suite 202 Purchase, New York 10577 (address) — Principal Executive Offices
• 203-861-0900 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — which registered Class A Common Stock, $0.01 par value per share TSQ The New York St
• $50 million — mpany is authorized to repurchase up to $50 million of the Company's issued and outstanding
• $40.5 million — 024. Repurchases totaling approximately $40.5 million were made in the prior three-year perio

Filing Documents

• tsq-20241210.htm (8-K) — 29KB
• 0001499832-24-000134.txt ( ) — 154KB
• tsq-20241210.xsd (EX-101.SCH) — 2KB
• tsq-20241210_lab.xml (EX-101.LAB) — 22KB
• tsq-20241210_pre.xml (EX-101.PRE) — 13KB
• tsq-20241210_htm.xml (XML) — 3KB

01 - Other Events

Item 8.01 - Other Events. On December 10, 2024, the Board of Directors (the "Board") of Townsquare Media, Inc. (the "Company") authorized and approved a stock repurchase plan, pursuant to which the Company is authorized to repurchase up to $50 million of the Company's issued and outstanding Class A common stock (the "Common Stock") over a thirty-six month period (the "2024 Stock Repurchase Plan"). The 2024 Stock Repurchase Plan has substantially the same terms as, and was intended to replace, the Company's prior stock repurchase plan, which was set to expire on December 16, 2024. Repurchases totaling approximately $40.5 million were made in the prior three-year period. Repurchases of Common Stock under the 2024 Stock Repurchase Plan may be executed in open market purchases at prevailing market prices or otherwise in accordance with applicable rules and regulations, including Rule 10b-18 of the Securities and Exchange Act of 1934 ("Exchange Act"). The actual timing, number and dollar amount of repurchase transactions made under the 2024 Stock Repurchase Plan, if any, will be determined by the Company's management at its discretion and will depend on a number of factors including, but not limited to, the market price of the Company's Common Stock, general market and economic conditions, compliance with applicable legal requirements, debt covenants and other considerations, and may be funded from cash on hand, available borrowings or proceeds from potential debt or other capital markets sources. The Board will review the 2024 Stock Repurchase Plan periodically and may authorize adjustment of its terms and size or suspend or discontinue the program. Information regarding share repurchases will be available in the Company's periodic reports on Form 10-Q and 10-K filed with the SEC as required by the applicable rules of the Exchange Act.

01 - Financial Statements and Exhibits

Item 9.01 - Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (cover page XBRL tags are embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 11, 2024 TOWNSQUARE MEDIA, INC. By: /s/ Stuart Rosenstein Name: Stuart Rosenstein Title: Executive Vice President and Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR