secwatch.observer — SEC 8-K summary
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Issuer:     PodcastOne, Inc. (PODC)
CIK:        0001940177
Form:       8-K
Filed at:   2023-08-24T23:59:59+00:00
Accession:  0001213900-23-070664
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PodcastOne targets Sept. 8 direct listing on Nasdaq; guides FY2024 revenue $42-47M
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- Proposed spin-out and direct listing on Nasdaq under ticker PODC; record date Aug. 28, 2023.
- FY2024E revenue guidance $42-47M (21-36% YoY growth); projected positive adjusted EBITDA ~$0.4M.
- FY2023 revenue $34.6M, adjusted EBITDA -$1.5M (improved from -$4.1M in FY2022).
- Pending LOI to acquire Kast Media (adds up to $10M annual revenue) and Fantasy Guru (adds $2.5M+ revenue, $600k+ EBITDA).
- Ranked #10 on Podtrac's top podcasters list with 48M+ monthly downloads and 5.4M unique listeners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023070664/0001213900-23-070664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1940177/000121390023070664/ea184182-8k_courtside.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-070664

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