secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001213900-23-067848
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Courtside Group enters employment agreement with CRO Sue McNamara; grants 200,000 RSUs
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- Sue McNamara appointed Chief Revenue Officer under two-year term effective Jan 1, 2023; annual salary $325,000.
- Eligible for annual performance bonus of up to 100% of base salary under new 2023 Annual Bonus Plan.
- Receives 125,000 restricted stock units of Courtside Group and 75,000 RSUs of parent LiveOne (LVO), vesting over two years.
- RSUs may be settled in LiveOne stock if Courtside has not completed a going-public transaction at settlement date.
- Issuances rely on Section 4(a)(2) and Regulation D exemptions; unregistered sale of equity securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023067848/0001213900-23-067848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023067848/ea183613-8k_courtside.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-067848

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