Audacy Provides NYSE Listing Update
Audacy Common Stock to Delist from NYSE
NYSE Determination Has No Impact on Audacy’s Business Strategy or Operations
Audacy stock has not been traded on the NYSE since May when the NYSE notified Audacy that it had elected to commence proceedings to delist the Common Stock from the NYSE based on Audacy’s “abnormally low” price levels.
The Common Stock will continue to trade over the counter under the symbol “AUDA.”
The NYSE’s determination has no impact on Audacy’s business strategy or operations. Audacy continues to focus on growing and enhancing its capabilities as a leading, multi-platform audio content and entertainment company, and continues to engage in discussions with its lenders to deleverage its balance sheet and improve its capital structure to position Audacy for long-term growth.
About Audacy
Audacy, Inc. is a leading multi-platform audio content and entertainment company with the country’s best collection of local music, news and sports brands, a premium podcast creator, major event producer, and digital innovator. Audacy engages 200 million consumers each month, bringing people together around content that matters to them. Learn more at audacyinc.com, Facebook (Audacy Corp), X (@AudacyCorp), LinkedIn (@Audacy-Inc) and Threads (@AudacyCorp).
Forward-Looking Statements
This announcement contains certain forward-looking statements within the meaning of the
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David Heim
Audacy
908-472-3927
David.Heim@audacy.com
Source: Audacy, Inc.