On December 18, 2025, Urban One, Inc. issued $291.02 million of 7.625% Second Lien Senior Secured Notes and $60.6 million of 10.5% First Lien Senior Secured Notes as part of a debt restructuring plan, following announcements made on December 15, 2025, regarding an exchange offer and consent solicitation. The total debt reflects efforts to manage prior obligations efficiently while enabling future corporate actions.