The Capital Management Corp Acquires 14.6% Stake in Townsquare Media, Inc.

The Capital Management Corporation (VA) has filed a Schedule 13G regarding its holdings in Townsquare Media, Inc. (TSQ). As of the event date on March 31, 2026, the filer reported beneficial ownership of 2,494,607 shares of common stock, representing a significant 14.6% stake in the company. This filing marks a substantial new position for the investment adviser, as the previous reported ownership was zero. The filing indicates that The Capital Management Corporation holds sole dispositive power over all 2,494,607 shares and sole voting power over 2,486,157 shares. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The principal executive offices of Townsquare Media are located in Purchase, NY, while the filer is based in Glen Allen, VA. This position establishes The Capital Management Corporation as a major institutional shareholder in the media company.