0001499832-19-000057.txt : 20190812 0001499832-19-000057.hdr.sgml : 20190812 20190812163130 ACCESSION NUMBER: 0001499832-19-000057 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190630 FILED AS OF DATE: 20190812 DATE AS OF CHANGE: 20190812 EFFECTIVENESS DATE: 20190812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Townsquare Media, Inc. CENTRAL INDEX KEY: 0001499832 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 271996555 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36558 FILM NUMBER: 191016889 BUSINESS ADDRESS: STREET 1: 1 MANHATTANVILLE ROAD, SUITE 202 CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 203-861-0900 MAIL ADDRESS: STREET 1: 1 MANHATTANVILLE ROAD, SUITE 202 CITY: PURCHASE STATE: NY ZIP: 10577 FORMER COMPANY: FORMER CONFORMED NAME: Townsquare Media, LLC DATE OF NAME CHANGE: 20100824 NT 10-Q 1 q2201910-qextension.htm NT 10-Q Document


SEC FILE NUMBER
001-36558
 
CUSIP NUMBER
892231 101

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549  
 

FORM 12b-25
 

NOTIFICATION OF LATE FILING  
 
 
 
(Check one): 
 
¨ Form 10-K ¨ Form 20-F ¨ Form 11-K ý Form 10-Q
¨ Form 10-D ¨ Form N-SAR ¨ Form N-CSR
 
 
 
 
For Period Ended: June 30, 2019
 
 
 
 
¨ Transition Report on Form 10-K
 
 
¨ Transition Report on Form 20-F
 
 
¨ Transition Report on Form 11-K
 
 
¨ Transition Report on Form 10-Q
 
 
¨ Transition Report on Form N-SAR
 
 
 
 
For the Transition Period Ended:
 
Read Instruction (on back page) Before Preparing Form. Please Print or Type. 
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:  

PART I — REGISTRANT INFORMATION
Townsquare Media, Inc.
Full Name of Registrant

N/A
Former Name if Applicable
One Manhattanville Road, Suite 202
Address of Principal Executive Office (Street and Number) 
Purchase, NY 10577
City, State and Zip Code





PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
 
 
 
 
 
 
 ý
 
(a)
 
The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
 
 
(b)
 
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
 
 
(c)
 
The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
 
 

PART III — NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
Townsquare Media, Inc. (the “Company”) is unable to file its quarterly report on Form 10-Q for the period ended June 30, 2019 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”) within the prescribed time period due to a delay in the completion of its financial statements. In connection with the preparation of its financial statements for the three and six months ended June 30, 2019, the Company identified an error in the presentation and calculation of its basic income per share. As a result, the Company needed additional time to make appropriate revisions to the financial statements and disclosures included in its Quarterly Report. The Company has worked expeditiously to complete its financial statements and is filing its Quarterly Report concurrently herewith.
 
PART IV — OTHER INFORMATION
 
(1)
Name and telephone number of person to contact in regard to this notification
 
 
 
 
 
 
 
 
 
 
Stuart Rosenstein
 
 
 
203
 
 
 
861-0900
(Name)
 
 
 
(Area Code)
 
 
 
(Telephone Number)
 
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). ý Yes ¨ No
 
(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ¨Yes ý No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.






The foregoing statements are based on our current expectations as of the date of this filing and involve a number of risks and uncertainties which may cause actual results to differ, as discussed further below.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Form 12b-25 contains a number of forward-looking statements. All statements, other than statements of historical facts, included in this filing that address activities, events or developments that the Company expects, believes, targets or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding our beliefs and expectations relating to the filing of the Form 10-Q and the results of the ongoing review. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond our control. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, a material delay in the Company’s financial reporting, including the possibility that the Company will not be able to file its Form 10-Q within the five-day extension permitted by the rules of the SEC, and the possibility that the ongoing review may identify errors or control deficiencies in the Company's accounting practices. We disclaim and do not undertake any obligation to update or revise any forward-looking statement herein.








Townsquare Media, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
 
 
 
 
 
 
Date
 
August 12, 2019
 
By
 
 
 
/s/ Stuart Rosenstein
 
 
 
 
 
 
 
 
Stuart Rosenstein
Executive Vice President and Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION
 
 
 
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).