Beasley Broadcast Group announced the death of Board member Peter A. Bordes on September 19, 2026. This event reduced the Audit Committee to two independent members, causing non-compliance with Nasdaq Rule 5605(c)(2)(A), which requires at least three independent directors. The company notified Nasdaq and intends to use the cure period to appoint a replacement by September 19, 2027 or the next annual meeting. Beasley Broadcast Group operates in the radio broadcasting industry.
