PodcastOne, Inc. (PODC) SEC Filings

PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported a purchase of 11,000 shares on September 24, 2026, held by the D. Jonathan and Odile Merriman Family Trust. The weighted average price was $2.21 per share, with purchases ranging from $2.20 to $2.25. Merriman, a trustee, holds shared voting and dispositive power over the trust shares and disclaims beneficial ownership except for his pecuniary interest. No Rule 10b5-1 plan is reported. A separate entry lists 249,363 shares held directly.

PodcastOne, Inc. (PODC) reported that stockholders at its September 17, 2026 annual meeting elected all seven director nominees: Robert S. Ellin, James Berk, Jay Krigsman, Ramin Arani, Patrick Wachsberger, Carolyn Blackwood and Jon Merriman.

Stockholders approved increasing the 2022 Equity Incentive Plan reserve to 4,000,000 shares, with 23,113,466 votes for and 466,953 against. They ratified Macias Gini & O’Connell, LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 25,891,471 votes for and 671 against. Stockholders also approved adjournment if needed to permit further proxy solicitation where votes were insufficient.

PodcastOne, Inc. (PODC) has an updated Schedule 13D/A showing that LiveOne, Inc. remains the controlling stockholder after acquiring additional shares. LiveOne now directly beneficially owns 20,804,235 shares of PodcastOne common stock, representing 68.8% of the 30,252,696 shares outstanding as of August 12, 2026.

The amendment reports LiveOne’s acquisition of 374,109 shares on September 18, 2026 through settlement of intercompany balances owed by PodcastOne. The filing recaps that PodcastOne was originally acquired as a wholly owned subsidiary in 2020, later spun out via a September 8, 2023 direct listing, and notes prior Bridge Notes and warrant financings. It also details LiveOne’s $16.75 million original issue discount senior secured convertible debentures (with up to $11 million of additional debentures) that are secured by, among other assets, PodcastOne’s assets. LiveOne states it acquired the PodcastOne shares for investment purposes but may in the future buy or sell shares or pursue strategic or capital-raising transactions involving PodcastOne.

PodcastOne, Inc. (PODC) reported that major shareholder LiveOne, Inc. acquired 374,109 shares of PodcastOne common stock on September 18, 2026 through a grant/award transaction. A footnote states the shares were received via settlement of intercompany balances, bringing LiveOne's direct holdings to 20,804,235 shares.

PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported an open-market purchase of 6,700 shares of common stock at $2.36 per share on September 18, 2026, through the D. Jonathan and Odile Merriman Family Trust, for which he disclaims beneficial ownership except for his pecuniary interest. He also reports 249,363 shares of common stock held directly and additional indirect holdings in a custodial account for his son, over which he has voting and dispositive power but similarly disclaims beneficial ownership beyond his pecuniary interest. No Rule 10b5-1 trading plan is reported for these transactions.

PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported an open‑market purchase of 7,700 shares of common stock on September 16, 2026 at $2.30 per share, held indirectly through the D. Jonathan and Odile Merriman Family Trust. Merriman also reports 249,363 shares held directly after the reported transactions. The indirect holdings through the Trust and a custodial account for his son are reported with disclaimers of beneficial ownership except for his pecuniary interest.

PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported a purchase of 15,700 shares of common stock of PodcastOne on August 21, 2026 at a weighted average price of $2.75 per share, in multiple trades between $2.70 and $2.81. These purchased shares are held indirectly through the D. Jonathan and Odile Merriman Family Trust, over which he shares voting and dispositive power and for which he disclaims beneficial ownership except for his pecuniary interest. Separately, Merriman reports 249,363 shares held directly after the reported transactions.

PodcastOne, Inc. director D. Jonathan Merriman reported open-market purchases of PodcastOne common stock on behalf of related accounts. On 2026-08-17, an entity associated with him purchased 11,300 shares indirectly at $2.80 per share. On 2026-08-14, the D. Jonathan and Odile Merriman Family Trust purchased 17,000 shares indirectly at a $3.20 weighted average price, with individual trades between $3.10 and $3.30. A separate line shows 249,363 shares of common stock held directly after the reported activity. The trust and a custodial account for his son hold certain shares, and Merriman disclaims beneficial ownership of those indirect holdings except for his pecuniary interest.

PodcastOne, Inc. reported for the three months ended June 30, 2026 revenue of $16.1 million, up from $15.0 million a year earlier, and a net loss of $1.6 million. Operating expenses of $17.7 million exceeded revenue, driven mainly by cost of sales and higher general and administrative costs.

Cash and cash equivalents were $7.0 million, total assets $38.3 million, and total liabilities $14.2 million. Working capital was $1.4 million and the accumulated deficit reached $40.3 million. Management states that these factors, together with limited liquidity, raise substantial doubt about the company’s ability to continue as a going concern within one year without additional financing. The company is seeking further funding, potentially from its majority owner LiveOne or other sources, but notes there is no assurance such capital will be available on acceptable terms.