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Cumulus Stock Delisted From NASDAQ

Shares available on over-the-counter market

Not unexpectedly, shares of Cumulus Media were delisted from the NASDAQ Capital Market this week and debuted on the over-the-counter market Wednesday morning.

The shares have been trading below $1 for a long time. Trading under that threshold for more than 30 consecutive business days can trigger a delisting.

The shares will retain the CMLS ticker symbol.