PodcastOne Files 8-K on Financial Results & Reg FD Disclosure
Ticker: PODC · Form: 8-K · Filed: Feb 8, 2024 · CIK: 1940177
Complexity: simple
Sentiment: neutral
Topics: financial-results, regulation-fd, corporate-filing
TL;DR
**PodcastOne just dropped an 8-K about financial results and Reg FD, so expect news that could move the stock.**
AI Summary
PodcastOne, Inc. filed an 8-K on February 8, 2024, to disclose information under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure). This filing indicates that the company is likely releasing or has released financial results or other material non-public information, which could impact its stock price. Investors should pay close attention to the specific details of these disclosures, as they will provide insight into the company's recent performance and future outlook, directly affecting the value of their shares.
Why It Matters
This filing signals that PodcastOne is making important financial information public, which could significantly influence investor perception and stock valuation. Understanding these disclosures is crucial for making informed investment decisions.
Risk Assessment
Risk Level: medium — The filing itself is routine, but the underlying financial disclosures it points to could contain positive or negative news, creating market volatility.
Analyst Insight
Investors should look for the actual financial results or disclosures that this 8-K refers to, as they will contain the substantive information impacting the stock. This filing is a notification, not the full disclosure itself.
Key Players & Entities
- PodcastOne, Inc. (company) — the registrant filing the 8-K
- February 8, 2024 (date) — date of earliest event reported
- 001-41795 (other) — Commission File Number
- Delaware (other) — State of incorporation for PodcastOne, Inc.
FAQ
What specific items did PodcastOne, Inc. report on in this 8-K filing?
PodcastOne, Inc. reported on Item 2.02, 'Results of Operations and Financial Condition,' and Item 7.01, 'Regulation FD Disclosure,' as indicated in the filing's ITEM INFORMATION section.
What is the earliest event date reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 8, 2024, as stated under 'Date of Report (Date of earliest event reported): February 8, 2024'.
What is the business address of PodcastOne, Inc. as listed in the filing?
The business address of PodcastOne, Inc. is 335 N. Maple Drive, Suite 127, Beverly Hills, CA 90210, according to the 'BUSINESS ADDRESS' section of the filing.
What is the Commission File Number for PodcastOne, Inc.?
PodcastOne, Inc.'s Commission File Number is 001-41795, as specified in the filing.
What was PodcastOne, Inc.'s former company name and when did the name change occur?
PodcastOne, Inc. had a former name, Courtside Group, Inc., with name changes occurring on July 29, 2022, and July 27, 2022, as listed under 'FORMER COMPANY' information.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-02-08 09:00:20
Key Financial Figures
- $0.00001 — nge on which registered Common stock, $0.00001 par value per share PODC The NASDAQ
Filing Documents
- ea193161-8k_podcastone.htm (8-K) — 28KB
- ea193161ex99-1_podcastone.htm (EX-99.1) — 127KB
- ea193161ex99-2_podcastone.htm (EX-99.2) — 10KB
- 0001213900-24-011343.txt ( ) — 355KB
- podc-20240208.xsd (EX-101.SCH) — 3KB
- podc-20240208_lab.xml (EX-101.LAB) — 33KB
- podc-20240208_pre.xml (EX-101.PRE) — 22KB
- ea193161-8k_podcastone_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 8, 2024, PodcastOne, Inc. (the "Company") issued a press release announcing its operating and financial highlights and results for the third quarter and nine months ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. The information included herein and in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 2, 2024, the Company issued a press release announcing that it plans to hold a conference call and audio webcast to provide a business update and discuss its operating and financial results for the third quarter ended December 31, 2023 on February 8, 2024. A copy of the press release is attached hereto as Exhibit 99.2. The information included herein and in Exhibit 99.2 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 99.1* Press release, dated February 8, 2024. 99.2* Press release, dated February 2, 2024. 104* Cover Page Interactive Data File (embedded within the Inline XBRL document) * Furnished herewith. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PODCASTONE, INC. Dated: February 8, 2024 By: /s/ Aaron Sullivan Name: Aaron Sullivan Title: Chief Financial Officer 2