Urban One D shares surge 36.30% intraday after initiating bond exchange offer and $111M cash buyout to refinance 2028 notes.

think> Okay, so I need to transform the given text into a concise news headline following the specified rules. Let me start by reading through the input carefully. The company name is "Urban One D". The percentage change is 36.2962963%, which I need to round to two decimal places. Let me calculate that. 36.2962963 rounded to two decimals is 36.30%. Wait, no, because the third decimal is 6, which is 5 or above, so I round up the second decimal. Wait, 36.2962963 is 36.296... So the second decimal is 9, and the third is 6. Rounding 9 up by 6 would make it 9 + 1 = 10, so that would carry over. So 36.29 becomes 36.30. But trailing zeros after the decimal are to be removed. Wait, the example given shows "4.23%" instead of "4.230769%". So if the rounded value is 36.30%, but trailing zeros are removed, does that mean we write 36.3%? Wait, the example had 4.23% as the rounded value, which is two decimals. So the instruction says to round to two decimal places and remove any trailing zeros. So if the percentage is 36.30%, trailing zeros are removed, so it becomes 36.3%. Wait, but 36.30% is two decimal places. But the example shows 4.23%, which is two decimals without trailing zeros. So maybe in this case, since 36.2962963 rounds to 36.30%, but the trailing zero is after the decimal. So according to the rules, we need to remove any trailing zeros. So 36.30% becomes 36.3%. Wait, but 36.3 is one decimal place. Hmm, maybe I made a mistake in rounding. Let me check again. The original percentage is 36.2962963%. Rounding to two decimal places: the third decimal is 6, so the second decimal (9) becomes 9 + 1 = 10. So 36.29 becomes 36.30. So the correct rounded value is 36.30%. But the instruction says to remove trailing zeros. However, 36.30% has a trailing zero after the decimal. So according to the rules, we need to remove trailing zeros. So 36.30% becomes 36.3%? But that's only one decimal place. Wait, the example shows 4.23% which is two decimals. So maybe the correct way is to keep two decimals, even if the second is zero. Because the example had 4.23%, not 4.2%. So perhaps the instruction is to round to two decimal places and not remove trailing zeros unless they are at the end. Wait, the instruction says "remove any trailing zeros". So if the rounded value is 36.30%, the trailing zero is after the decimal. So removing it would make it 36.3%, but that's one decimal. But the example shows two decimals. Maybe the example is a case where the rounded value is exactly two decimals. So perhaps in this case, even if the second decimal is zero, we keep it. Wait, the example input had 4.230769%, which was rounded to 4.23%. So in that case, the third decimal was 0, so it was rounded down. Wait, 4.230769 is 4.230769. Rounded to two decimals: look at the third decimal, which is 0. Since 0 is less than 5, we round down, so it's 4.23. So the example shows that. So in our case, the percentage is 36.2962963%. The third decimal is 6, which is 5 or more, so we round up the second decimal. The second decimal is 9. Adding 1 to 9 makes it 10. So the first decimal becomes 3, and the second becomes 0. So the rounded value is 36.30%. Now, according to the rules, we need to remove any trailing zeros. So 36.30% becomes 36.3%. But that's one decimal place. However, the example shows two decimals. So perhaps the instruction is to keep two decimal places regardless of trailing zeros. Wait, the instruction says "round.