Galloway Capital Partners, LLC, Galloway Capital, LP, and Bruce Galloway filed an amended Schedule 13D with the SEC on October 27, 2026, disclosing beneficial ownership of 893,000 shares of PodcastOne, Inc. common stock, representing approximately 2.95% of the company's outstanding shares.

Key Highlights

  • Aggregate beneficial ownership: The reporting persons collectively hold 893,000 shares of PodcastOne common stock as of October 27, 2026.
  • Ownership percentage: The 893,000 shares represent approximately 2.95% of the 30,252,696 shares outstanding as of August 12, 2026.
  • Average acquisition price: Galloway Capital Partners, LLC acquired the shares through open market purchases from November 2023 through October 2026 at an aggregate price of approximately $2.06 per share.
  • Managing member control: Bruce Galloway, as managing member of Galloway Capital Partners, LLC, holds shared voting and dispositive power over all 893,000 shares.
  • Strategic letter sent: The reporting persons disclosed they sent a letter to the Executive Chairman of PodcastOne urging the company to retain an investment bank or strategic advisor to explore a sale, merger, or acquisition.
  • Share class: The securities covered are common stock with a par value of $0.00001 per share, traded on NASDAQ:PODC.

Galloway Capital's Position in PodcastOne and Stated Investment Intent

According to the filing, Galloway Capital Partners, LLC acquired all 893,000 shares through open market purchases conducted between November 2023 and October 2026, at an aggregate purchase price of approximately $2.06 per share. PodcastOne, Inc. is a Delaware corporation with its principal executive offices located at 345 North Maple Drive, Beverly Hills, California. The company's common stock carries a par value of $0.00001 per share and is identified by CUSIP number 22275C105.

The filing identifies three reporting persons: Galloway Capital Partners, LLC (a Delaware limited liability company), Galloway Capital, LP (a Delaware limited partnership), and Bruce Galloway, a U.S. citizen residing in Florida. All three share a principal business address at 650 NE 2nd Avenue, #3007, Miami, FL 33132. Bruce Galloway, as managing member of Galloway Capital Partners, LLC, is described in the filing as having sole voting and dispositive control over the entity, and "may be deemed to have beneficial ownership of the common stock held directly by GCP."

The reporting persons stated in the filing that the shares were acquired for investment purposes. The filing further discloses that the reporting persons sent a letter to PodcastOne's Executive Chairman and stated a belief that "the Company's share price is undervalued and trading at a significant discount to its revenues and intrinsic value." The reporting persons stated they "urge the management of the Company to retain an investment bank or strategic advisor to explore options to enhance shareholder value through a sale, merger or acquisition." The filing notes that each reporting person may consider additional acquisitions, dispositions, or other actions, including potential changes to the board, capital allocation policies, and the company's overall strategy.

What Was Disclosed

This Amendment No. 2 to Schedule 13D discloses that Galloway Capital Partners, LLC, Galloway Capital, LP, and Bruce Galloway together beneficially own 893,000 shares of PodcastOne common stock, equal to approximately 2.95% of outstanding shares, acquired at roughly $2.06 per share on average, with the reporting persons publicly urging the company to explore a sale or merger.