Beasley Broadcast prices unregistered warrants private placement for 357,000 shares

Bitget2026/09/29 12:05

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Beasley Broadcast Group priced a USD 5 million registered direct offering of 357,000 Class A shares at USD 14.00 each.
Concurrent private placement set to issue unregistered warrants for up to 357,000 Class A shares, exercisable at USD 15.00.
Warrants become exercisable six months from issuance, expire 5.5 years from issuance.
Closing expected around Sept. 30, 2026, subject to customary conditions.
Net proceeds earmarked for debt reduction, including revolving credit borrowings, redemption of 11.000% Senior Secured First Lien Notes due 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beasley Broadcast Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG58894) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Beasley Broadcast prices unregistered warrants private placement for 357,000 shares

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