secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001213900-23-056240
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Courtside Group extends maturity of convertible notes to Oct 15, 2023 to support direct listing
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- On July 6, 2023, notified noteholders of election to extend remaining notes' maturity to October 15, 2023.
- Notes originally had aggregate principal of $8.84M with 10% original issue discount; gross proceeds $8.04M.
- Extension aimed at providing additional time to complete a direct listing on a national exchange.
- Courtside Group (dba PodcastOne) is a wholly owned subsidiary of LiveOne, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023056240/0001213900-23-056240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023056240/ea181632-8k_courtside.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-056240

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer