Beasley Broadcast Group completed a registered direct offering and concurrent private placement on September 30, 2026, raising approximately $4.3 million in net proceeds after fees. The company issued 200,000 shares of Class A common stock at $14.00 per share and pre-funded warrants for 157,000 additional shares at $13.9999 each. Concurrently, it sold 357,000 common warrants exercisable at $15.00 per share after a six-month waiting period. The net proceeds will be used to reduce borrowings under its secured asset-based revolving credit facility by approximately $2.2 million and to redeem $11.4 million of Beasley Mezzanine Holdings LLC’s 11% Senior Secured First Lien Notes due 2028 at par plus accrued interest. The company operates in the radio broadcasting industry, owning and operating multiple radio stations.
