Beasley Broadcast Group, Inc. (BBGI) Prices $5.0M Registered Direct Offering and Warrants

Beasley Broadcast Group priced a $5.0M registered direct sale of 357,000 shares at $14.00 and concurrent private warrants for up to 357,000 shares at $15.00. Proceeds are intended to pay down its ABL revolver and redeem part of 11.000% notes.Material DetailsContext by AI AnalystThis is a balance sh…