Beasley Broadcast Group Amends Articles of Incorporation
Ticker: BBGI · Form: 8-K · Filed: 2024-09-23T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, amendment, capital-structure
Related Tickers: BBGI
TL;DR
Beasley Broadcast Group (BBGI) filed an 8-K on 9/23/24 to amend its articles of incorporation, impacting its capital structure.
AI Summary
On September 23, 2024, Beasley Broadcast Group, Inc. filed an 8-K report detailing amendments to its Articles of Incorporation. These amendments, approved by the company's board of directors, are related to the company's capital structure and governance.
Why It Matters
Changes to a company's articles of incorporation can impact shareholder rights, corporate governance, and the overall structure of the company, potentially affecting its stock value.
Risk Assessment
Risk Level: low — This filing is procedural and relates to corporate governance, not immediate financial distress or significant operational changes.
Key Players & Entities
- Beasley Broadcast Group, Inc. (company) — Registrant
- September 23, 2024 (date) — Date of report
FAQ
What specific changes were made to the Articles of Incorporation?
The filing indicates amendments were made to the Articles of Incorporation, but the specific details of these changes are not provided in the summary information.
When were these amendments approved?
The filing does not specify the exact approval date of the amendments, only that the report was filed on September 23, 2024.
What is the primary purpose of these amendments?
The amendments are related to the company's capital structure and governance, as indicated by the filing.
Does this filing involve any financial statements?
Yes, the filing lists 'Financial Statements and Exhibits' as an item information, suggesting financial documents are included.
What is Beasley Broadcast Group's primary business?
Beasley Broadcast Group, Inc. is in the business of Radio Broadcasting Stations, as indicated by its Standard Industrial Classification code [4832].
Filing Stats: 695 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-09-23 17:00:31
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 per share BBGI Nasdaq Capital Marke
Filing Documents
- d826401d8k.htm (8-K) — 28KB
- d826401dex31.htm (EX-3.1) — 8KB
- 0001193125-24-223773.txt ( ) — 162KB
- bbgi-20240923.xsd (EX-101.SCH) — 3KB
- bbgi-20240923_lab.xml (EX-101.LAB) — 18KB
- bbgi-20240923_pre.xml (EX-101.PRE) — 11KB
- d826401d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Beasley Broadcast Group, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE 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. BEASLEY BROADCAST GROUP, INC. Date: September 23, 2024 By: /s/ Marie Tedesco Marie Tedesco Chief Financial Officer 3