Will LiveOne buy PodcastOne stock after spin-out?

PodcastOne to Begin Trading Today on Nasdaq under Stock Ticker “PODC” at a Minimum of $8 Per Share - After Spin-Out, LiveOne Will Own Approximately 80% of PodcastOne and Continue to Consolidate PodcastOne

What is PodcastOne & how does it work?

PodcastOne has built a distribution network reaching over 1 billion listeners a month across all of its own properties, LiveOne (Nasdaq: LVO ), Spotify, Apple Podcasts, iHeart Radio, Samsung and over 150 shows exclusively available in Tesla vehicles.

Will PodcastOne repay $1 million of its debt?

PodcastOne Repays $1 Million of Its Debt Convertible at $3 and Expects to Repay an Additional $1 Million to $2 Million - Increases Dividend of PodcastOne Shares to LiveOne’s Shareholders of Record to Between 12% and 16% - LiveOne’s Buyback Exceeds 2,245,000 Shares to Date Leaving Capacity to Repurchase an Additional $1,600,000 Worth of Shares