Tag: direct listing

Tomorrow (9/8), the Nasdaq opening bell ceremony will feature LiveOne subsidiary PodcastOne as it celebrates the completion of its direct listing on Nasdaq and spin-out as a separate public company. After the spin-out, LiveOne will own approximately 80% of PodcastOne (on a non-fully diluted basis) and continue to consolidate PodcastOne’s financial results. LiveOne says it expects PodcastOne shares at $8 per share minimum.