PodcastOne to Grant Company Stock to Talent and Staff
PodcastOne announces that it plans to award to its active hosts and all current employees equity in the company through shares of its common stock. PodcastOne debuted on the Nasdaq on September 8 and the company says it plans to award nearly 100 individuals with various equity awards. PodcastOne president and co-founder Kit Gray comments, “PodcastOne has first and foremost always been a family. Making these equity awards allows PodcastOne to honor the hard work and commitment to growth our employees and staff have shown throughout the years no matter what stage of their career they are currently in. We are all partners in this business of podcasting, some for over a decade, and now through company equity, we’re truly all in this together.” Podcasting partners the company says are anticipated to receive equity in PodcastOne include longtime podcast hosts Adam Carolla, Jordan Harbinger, Kaitlyn Bristowe, T-Pain, Brooke Miccio and Danielle Caroland, and Keltie Knight, Becca Tobin & Jac Vanek. Additionally, new PodcastOne talent Brendan Schaub (“The Fighter and The Kid,” “The Schaub Show”), Natalie Buck and Sara Gretzky (“Causing a Scene”) and Jennifer Welch and Angie “Pumps” Sullivan of “I’ve Had It,” received equity awards as well. The planned equity awards will be made subject to obtaining applicable approvals and complying with applicable securities laws, which PodcastOne anticipates to receive shortly.