PodcastOne (PODC) Registration filing summary

Company overview and business model

• Operates as a leading podcast platform and publisher, distributing content across major platforms and offering branded podcasts, vodcasts, merchandise, and live events.

• Majority-owned subsidiary of LiveOne, Inc., with a focus on multiplatform advertiser solutions and hyper-targeted audience engagement.

• Generates revenue primarily through audio, video, and social advertising, including embedded host-read ads, dynamic ads, sponsorships, and programmatic channels.

• Provides LaunchpadOne, a free self-publishing platform for independent podcasters, serving as a talent pool for new content.

• Completed a spin-out from LiveOne and direct listing on Nasdaq in September 2023, trading under the symbol PODC.

Financial performance and metrics

• Reported revenue of $52.1 million for the year ended March 31, 2025, up 20% from $43.3 million in 2024.

• As of March 27, 2026, the aggregate market value of outstanding common stock held by non-affiliates was $12,803,846, based on 5,873,324 shares at $2.18 per share.

• Over 5.8 million monthly unique listeners and 19.5 million IAB monthly downloads.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for working capital, capital expenditures, general corporate purposes, and potential future acquisitions of businesses and content.

• Management retains broad discretion over allocation and may invest proceeds in short-term, investment-grade securities or reduce short-term indebtedness pending use.