Liveone (LVO) spinning off Podcastone as a separate compnay (PODC)


Liveone is a discount music streaming service that owns Slacker Radio (pre installed on most Tesla’s and other vehicle brands) and supports streaming of live musical performances. Liveone also has a large catalog of podcast entertainment, have a partnership with Legible to deliver audio books as a built in app in to be installed in new vehicles. I could go on and on but I’ll just provide a link:

https://finance.yahoo.com/quote/LVO/

The stock has grown very well in the past and is up 159% YTD

A few days ago Liveone received approval to list Podcast one on NASDAQ as PODC.

The stockholder record date will be August 28th.

Liveone will pay a dividend of 48 shares of PODC for every 1000 shares owned of LVO.

At this point PODC is set to open at $10 a share on September 8th.

Here’s the link from todays conference call:

https://events.q4inc.com/attendee/354502113

One last bit of DD:

https://ladenburg.bluematrix.com/sellside/EmailDocViewer?encrypt=2f76581c-4752-48a0-88a7-e2ae583a45c3&mime=pdf&co=Ladenburg&[email protected]&source=mail

This will be an amazing opportunity for investors.

Let me know your thoughts.


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