Podcastone, Inc. current report, 23 August 2023

Filing Overview

The provided filing is a Form 8-K filed by Courtside Group, Inc., not PodcastOne, Inc. The report date and earliest reported event date are August 23, 2023; the filing was signed August 28, 2023. The company is a Delaware corporation and identifies itself as an emerging growth company.

Business Context and Reporting Period

On August 23, 2023, the board of directors adopted a Code of Ethics applicable to all employees, officers, consultants, and directors. The code was adopted in connection with the company’s stated intent to pursue a direct listing of its common stock on a national securities exchange.

Financial and Operating Metrics

This filing does not provide revenue, profit, cash flow, margins, debt, liquidity, operating results, or other financial metrics. It is a corporate-governance disclosure under Item 5.05.

Material Changes and Outlook

  • The company adopted a formal Code of Ethics addressing legal compliance, ethical conduct, reporting of suspected misconduct, honesty, and accountability.
  • The filing references an intended direct listing but provides no timetable, exchange, valuation, capital-raising terms, or assurance that the listing will occur.
  • No financial guidance, management forecast, material contingency, or unusual financial item is disclosed.

Key Facts to Verify

  • Verify the issuer identity: the source filing names Courtside Group, Inc., while the request metadata identifies PodcastOne, Inc.
  • Review Exhibit 14.1 for the complete Code of Ethics and its specific reporting and compliance procedures.
  • Confirm the status, timing, exchange, and conditions of any proposed direct listing in subsequent filings.
  • Review later SEC filings for financial statements, liquidity information, risk factors, and any changes to the company’s corporate structure or name.