PodcastOne Inc
For the period ended Jun 30, 2024. Filed Aug 13, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 13, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
Issuance of Unregistered Securities
Other than as set forth below and as reported in our Current Reports on Form 8-K, there have been no other sales or issuances of unregistered securities during the period covered by this Quarterly Report that were not registered under the Securities Act.
During the three months ended June 30, 2024, we issued 143,913 shares of our common stock valued at $0.3 million to various consultants. We valued these shares at prices between $0.96 and $1.98 per share, the market price of our common stock on the date of issuance.
During the three months ended June 30, 2024, we issued 40,625 shares of our common stock valued at $0.1 million to employees. We valued these shares at prices between $0.89 and $1.29 per share, the market price of our common stock on the date of issuance.
We believe the offers, sales and issuances of the securities described above were made in reliance on the exemption from registration contained in Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated thereunder and involved a transaction by an issuer not involving any public offering. Each of the recipients of securities in any transaction exempt from registration either received or had adequate access, through employment, business or other relationships, to information about us.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
| (c) · (d) | |||||
|---|---|---|---|---|---|
| Total · Maximum | |||||
| number of · number | |||||
| shares · (or approximate | |||||
| (or units) · dollar value) of | |||||
| (a) · purchased · shares | |||||
| Total · (b) · as part of · (or units) | |||||
| number of · Average · publicly · that may yet | |||||
| shares · price paid · announced · be purchased | |||||
| (or units) · per share · plans or · under the plans | |||||
| Period · purchased · (or unit) · programs · or programs* | |||||
| April 1, 2024 – April 30, 2024 | - | $ | - | - | 1,360,287 shares |
| May 1, 2024 – May 31, 2024 | - | $ | - | - | 1,235,582 shares |
| June 1, 2024 – June 30, 2024 | - | $ | - | - | 1,190,970 shares |
| Total (April 1, 2024 – June 30, 2024) | - | $ | - | - | $6,500,000 |
- Represents LiveOne’s repurchase program pursuant to which LiveOne may repurchase shares of its and/or our common stock.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.