Business
LiveOne (Nasdaq: LVO) Updates PodcastOne (Nasdaq: PODC) Repurchasing Program
- Acquired a total of 359,000 PODC shares an average price of $2.45 - Purchased 159,000 shares at $3 in March 2024 and 200,000 shares at $2 during this
About this update from Liveone, Inc.
[{"type":"text","content":"- Acquired a total of 359,000 PODC shares an average price of $2.45 - Purchased 159,000 shares at $3 in March 2024 and 200,000 shares at $2 during this Quarter - Reiterates commitment to purchase $5M of LVO and PODC shares LOS ANGELES, June 26, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO) an award-winning, creator-first music, entertainment, and technology platform announces updates to the PodcastOne (NASDAQ: PODC) repurchasing program. About LiveOne, Inc. LiveOne, Inc. is an award-winning, creator first, music, entertainment, and technology platform delivering premium experiences and content worldwide. With subsidiaries like Slacker Radio and PodcastOne, LiveOne has garnered accolades for its innovative approach, including the Best Live Moment award by Digiday for the \"Social Gloves\" PPV Event. Forward-Looking Statements All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company’s reliance on one key customer for a substantial percentage of its revenue; the Company’s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; the Company’s ability to continue as a going concern; the Company’s ability to attract, maintain and increase the number of its users and paid members; the Company identifying, acquiring, securing and developing content; the Company’s inte...