LiveOne announced that it "remains committed" to spinning-out its wholly owned subsidiary, PodcastOne, as a separate public company to be listed on a national exchange. In connection with such spin-out, LiveOne is moving the record date to Jan 15, 2023 for PodcastOne’s special dividend to LiveOne’s stockholders of record. In addition, LiveOne intends to explore spinning-out SlackerOne as a separate public company during its 2024 fiscal year, the company stated in a press release.
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- LiveOne price target lowered to $3.50 from $5 at Alliance Global Partners
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