PodcastOne (NASDAQ: PODC), a subsidiary of LiveOne Inc. (Nasdaq: LVO), received approximately $5.5 million in cash proceeds from the exercise of warrants for PodcastOne common stock at $3 per share. The company said the additional capital strengthens its balance sheet and supports strategic growth initiatives across podcasting, television, celebrity brands and AI.
To view the full press release, visit https://ibn.fm/PNleA
About PodcastOne
PodcastOne (Nasdaq: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution. PodcastOne has surpassed 3.9 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&E’s Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion monthly impressions across all channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio. PodcastOne is also the parent company of PodcastOne Pro which offers fully customizable production packages for brands, professionals, or hobbyists.
For more information, visit www.podcastone.com
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