LiveOne Buys 1.47M PodcastOne Shares, Lifts Stake to 20.8M

M&A · PartnershipCorporate Action
โดย ACCESS Newswire·US·Read original
Summary · why it matters

LiveOne has acquired 1.47 million common shares of PodcastOne since March 31, 2026 at an average price of $2.81 per share, raising its total ownership to 20.8 million PodcastOne shares. The purchases include 374,109 shares acquired in the first half of fiscal 2027. PodcastOne's cash position stood at more than $6.5 million as of today. Bankers are reviewing inbound potential M&A and monetization options, and PodcastOne and its bankers are exploring a potential consolidation with LiveOne into a single public company, a combination that could yield $3 million in potential annual synergies along with public-company cost savings.

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LiveOne is buying PodcastOne shares and exploring a consolidation that could yield $3M in annual synergies and public-company cost savings.

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