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PodcastOne (PODC) Becomes First Podcast Network to Grant Their Podcast Talent and All Company Employees PODC Stock as Part of Historic NASDAQ Listing

Retrieved on: 
Friday, September 15, 2023

LOS ANGELES, CA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - PodcastOne (NASDAQ: PODC) a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it plans to award to its active hosts and all current employees equity in PodcastOne through shares of its common stock. PodcastOne, which made its NASDAQ debut on September 8, 2023, plans to award nearly 100 individuals with various equity awards.

Key Points: 
  • PodcastOne, which made its NASDAQ debut on September 8, 2023, plans to award nearly 100 individuals with various equity awards.
  • “PodcastOne has first and foremost always been a family.
  • “We’re proud that we are able to grant equity to our hosts.
  • The planned equity awards will be made subject to obtaining applicable approvals and complying with applicable securities laws, which PodcastOne anticipates to receive shortly.