LiveOne (LVO) still plans to spin-out PodcastOne

LiveOne (Nasdaq: LVO), announced today that it remains committed to spinning-out its wholly owned subsidiary, PodcastOne, as a separate public company to be listed on a national exchange. In connection with such spin-out, LiveOne is moving the record date to Jan 15, 2023 for PodcastOne’s special dividend to LiveOne’s stockholders of record. In addition, LiveOne intends to explore spinning-out SlackerOne as a separate public company during its 2024 fiscal year.

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