SEC Comment Letter for BEASLEY BROADCAST GROUP (BBGI) — Jul 26, 2022
BEASLEY BROADCAST GROUP INC
Date: July 26, 2022 · CIK: 0001099160 · Accession: 0000000000-22-007801
AI Filing Summary & Sentiment
File numbers found in text: 000-29253
Letter
United States securities and exchange commission logo July 26, 2022 Caroline Beasley Chief Executive Officer Beasley Broadcast Group, Inc. 3033 Riviera Drive, Suite 200 Naples, Florida 34103 Re:Beasley Broadcast Group, Inc. Form 8-K filed May 9, 2022 Response filed July 15, 2022 File No. 000-29253 Dear Caroline Beasley: We have reviewed your July 15, 2022 response to our comment letter and have the following comment. Please respond to this comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our June 16, 2022 letter. Form 8-K filed May 9, 2022 Exhibit 99.1, page 6 1.We note your response to comment two. Please confirm that in your reconciliations of Free Cash Flow, you will begin with the most comparable GAAP measure, net cash provided by (used in) operating activities.
FirstName LastNameCaroline Beasley Comapany NameBeasley Broadcast Group, Inc. July 26, 2022 Page 2 FirstName LastName Caroline Beasley Beasley Broadcast Group, Inc. July 26, 2022 Page 2
You may contact Inessa Kessman, Senior Staff Accountant at 202-551-3371 or Robert Littlepage, Accountant Branch Chief at 202-551-3361 if you have questions. Sincerely, Division of Corporation Finance Office of Technology cc: Brian D. Miller
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United States securities and exchange commission logo
July 26, 2022
Caroline Beasley
Chief Executive Officer
Beasley Broadcast Group, Inc.
3033 Riviera Drive, Suite 200
Naples, Florida 34103
Re:Beasley Broadcast Group, Inc.
Form 8-K filed May 9, 2022
Response filed July 15, 2022
File No. 000-29253
Dear Caroline Beasley:
We have reviewed your July 15, 2022 response to our comment letter and have the
following comment.
Please respond to this comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional
comments. Unless we note otherwise, our references to prior comments are to comments in our
June 16, 2022 letter.
Form 8-K filed May 9, 2022
Exhibit 99.1, page 6
1.We note your response to comment two. Please confirm that in your reconciliations of
Free Cash Flow, you will begin with the most comparable GAAP measure, net cash
provided by (used in) operating activities.
FirstName LastNameCaroline Beasley
Comapany NameBeasley Broadcast Group, Inc.
July 26, 2022 Page 2
FirstName LastName
Caroline Beasley
Beasley Broadcast Group, Inc.
July 26, 2022
Page 2
You may contact Inessa Kessman, Senior Staff Accountant at 202-551-3371 or Robert
Littlepage, Accountant Branch Chief at 202-551-3361 if you have questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Brian D. Miller