LiveOne (Nasdaq: LVO) Subsidiary PodcastOne (Nasdaq: PODC) Receives $5.5M Cash Payment from $3 Per Share Warrant Exercise

Proceeds to support podcast and podcast network acquisitions, expand LVO's TV Network and Celebrity Brands division, and accelerate AI initiatives across 250,000+ hours of audio and video content LVO and its bankers are actively evaluating strategic alternatives, including potential consolidation of PodcastOne and additional M&A opportunities LVO currently owns ~20.5M shares of PODC common stock LOS ANGELES, May 12, 2026 (GLOBE NEWSWIRE) -- LiveOne, Inc. (Nasdaq: LVO) today announced that its subsidiary, PodcastOne, Inc. (Nasdaq: PODC), has received approximately $5.5 million in cash proceeds from the exercise of warrants of PodcastOne common stock at $3 per share. “Receiving this additional capital meaningfully strengthens our balance sheet and positions us to aggressively pursue strategic growth opportunities across podcasting, television, celebrity brands and AI,” said Robert Ellin, Chairman and CEO of LiveOne.