Liveone sets ex-dividend date of september 5, 2023 for podcastone's special dividend

- podcastone to commence trading (symbol: podc) on nasdaq on september 8, 2023 at minimum of $8 per share - liveone 25k+ shareholders of record will receive approximately 0.048 shares of podcastone common stock per share of liveone common stock - after spin-out, liveone will own  approximately 80% of podcastone and continue to consolidate podcastone los angeles, ca, aug. 30, 2023 (globe newswire) -- via newmediawire - liveone (nasdaq:  lvo ), an award-winning, creator-first music, entertainment, and technology platform, announced today that september 5, 2023 has been set by nasdaq and liveone as the ex-dividend date for liveone shareholders to receive pro rata its previously announced planned special dividend of approximately 19% of podcastone's common stock (the “special dividend”) as part of its planned spin-out of podcastone as a separate public company (the “spin-out”). after the spin-out, liveone will own approximately 80% of podcastone (on a non-fully diluted basis) and continue to consolidate podcastone's financial results.
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