Audacy (AUD) Announces 1:30 Reverse Stock Split

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Audacy, Inc. Announces 1-for-30 Reverse Stock Split

June 30, 2023 8:00 AM EDT

PHILADELPHIA--(BUSINESS WIRE)-- As previously announced on June 6, 2023, Audacy, Inc. (NYSE: AUD; OTC: AUDA) (the Company or Audacy) effected a 1-for-30 reverse stock split of the Companys Class A and Class B common stock on June 30, 2023. The Company's Class A common stock will begin trading on a split-adjusted basis at the opening of the market on June 30, 2023, under a new CUSIP number, 05070N 202. At the Annual Meeting of Shareholders held on May 24, 2023, the Companys shareholders approved a reverse stock split of the Company's outstanding Class A and Class B... More