LiveOne, Inc. Increases Stake in PodcastOne, Inc. to 71.5% via Warrant Exercise and Debt Settlement

LiveOne, Inc. has filed Amendment No. 2 to its Schedule 13D, reporting an increased beneficial ownership in PodcastOne, Inc. to 20,430,126 shares of common stock, representing approximately 71.5% of the class. This increase primarily stems from two recent transactions. On May 11, 2026, LiveOne exercised 1,100,000 Bridge Warrants at an exercise price of $3.00 per share. Additionally, on March 21, 2026, the Reporting Person acquired 135,135 shares as a result of settling intercompany balances owed by PodcastOne to LiveOne. The filing also notes that PodcastOne serves as a guarantor for LiveOne's $16.75 million senior secured convertible debentures issued in May 2025. LiveOne originally acquired PodcastOne in 2020 and maintained its majority stake following the issuer's direct listing in September 2023. The reporting person intends to evaluate its investment continually and may engage in discussions regarding strategic transactions, capital raising, or potential acquisitions/dispositions depending on market conditions and the issuer's performance. No borrowed funds were utilized for these acquisitions.