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Cumulus Media Inc  (CMLS)
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 CMLS $3.1300 $-0.2800 -8.21%

 Volume (M): 145   Open : 3.40    52 Wk Avg :  4.34

 
 CMLS $3.1300 $-0.2800 -8.21%

 Volume (M): 145   Open : 3.40    52 Wk Avg :  4.34




CMLS Today's High: $3.41 CMLS Shares One Week Perf: -14.71 %
CMLS Today's Low: $ 3.10 CMLS Shares 30 Day Performance: -30.13 %
Number of CMLS Shares Traded (M): 145 CMLS Share Price 52 Wk High: $ 6.59
Value of CMLS's Shares Traded (M$): $ 455 CMLS Share Price 52 Wk Avg: $4.34
Share Price at the Open: $3.40 CMLS's Share Price 52 Wk Low: $2.57



  News about Cumulus Media Inc's Stock Splits and Dividends

Cumulus Media Announces Extension of Expiration Time in Exchange Offer for Senior Secured First-Lien Notes due 2026 amid Share Price Volatility

Cumulus Media Extends Expiration Time in Exchange Offer and Consent Solicitation for Senior Secured First-Lien Notes due 2026
Cumulus Media Inc. has announced that its subsidiary, Cumulus Media New Holdings Inc., has extended the Expiration Time in its Exchange Offer and Consent Solicitation relating to the 6.750% Senior Secured First-Lien Notes due 2026. The company previously extended the Early Tender Time for the same offer, which commenced on February 27, 2024.
This offer allows investors to exchange the Old Notes for new 8.750% Senior Secured First-Lien Notes due 2029. The terms and conditions are outlined in the Offering Memorandum. The company's share price currently stands at $3.13, showing a decrease of -31.39% in the first quarter of 2024.

Cumulus Media Extends Early Tender Time in Exchange Offer for Senior Secured Notes, Offering Shareholders Additional Opportunity for Participation

Cumulus Media Extends Early Tender Time in Exchange Offer and Consent Solicitation for Senior Secured First-Lien Notes due 2026
Cumulus Media Inc. (NASDAQ: CMLS) has announced the extension of the Early Tender Time in its Exchange Offer and Consent Solicitation for 6.750% Senior Secured First-Lien Notes due 2026. The subsidiary, Cumulus Media New Holdings Inc., offered to exchange the Old Notes for new 8.750% Senior Secured First-Lien Notes due 2029, as outlined in the confidential offering memorandum dated February 27, 2024. This extension provides shareholders with additional time to participate in the exchange.
In a previous announcement on February 27, 2024, Cumulus Media initiated the Exchange Offer and Consent Solicitation for the Old Notes. The Company currently has 17.259004392387 million shares outstanding, with a current price of $3.68.

Cumulus Media Announces Exchange Offer and Consent Solicitation to Optimize Financial Structure and Support Future Growth

Cumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026
ATLANTA, Feb. 27, 2024 - Cumulus Media Inc. (NASDAQ: CMLS) recently made an exciting announcement regarding its subsidiary, Cumulus Media New Holdings Inc. The company disclosed that the Issuer has initiated an offer to exchange any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (referred to as the Old Notes) for new 8.750% Senior Secured First-Lien Notes due 2029 (New Notes). This exchange offer, known as the Exchange Offer, is subjected to various conditions mentioned in the confidential offering memorandum and consent solicitation statement released on February 27, 2024, commonly known as the Offering Memorandum.
The Offering Memorandum serves as a comprehensive guide to understanding the terms and conditions of the Exchange Offer. Throughout this document, any terms that are not defined are to be referred to within the Offering Memorandum, unless mentioned otherwise.





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