On April 12, 2024, Urban One, Inc. (Company) entered into a sixth waiver and amendment (sixth waiver and amendment) to the current ABL Facility, dated as of February 19, 2021 (as amended by the Waiver and Amendment, the ?Amended Current ABL Facility?), with the company, the company?s subsidiaries guarantors, Bank of America, N.A., as administrative agent (Administrative Agent) and the lenders party thereto. The Sixth Waiver and Amendment waived certain events of default under the Current ABL Facility related to the company?s failure to timely deliver both the Annual Financial Deliverables for the period ended December 31, 2023 (2023 Form 10-K) and Quarterly Financial Deliverables for the quarter ended March 31, 2024 as required under the Current ABL Facility (the ?2024 First Quarter Form 10-Q? and, together with the ?2023 Form 10-K, the ?Delayed Reports?). The Sixth Waiver and Amendment sets a due date of May 31, 2024 for the Delayed Reports.