COVID-19 Delays Beasley’s Q1 Report. A Credit Facilities Rework Is Sought

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Add Beasley Media Group to the list of companies that are taking advantage of a Securities and Exchange Commission (SEC) order providing companies with a 45-day extension to file its quarterly report.


The company, which is formally known as Beasley Broadcast Group, notified the SEC last week that it intends to file its 10-Q quarterly report no later than June 29 — precisely 45 days after the original due date, and the latest possible day Beasley may do so without running afoul of SEC regulations.

Beasley also said it will be taking an impairment charge for stations in five markets, and seeks a credit facilities adjustment.

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