Galloway Capital Partners, LLC has announced that it has acquired a 3.15% equity stake in PodcastOne, Inc. (Nasdaq: PODC). Galloway's Chief Investment Officer, Bruce Galloway, stated that PodcastOne's shares are significantly undervalued compared to industry peers, some of which have been acquired at valuations up to 10 times revenues. Galloway is urging PodcastOne's board and management to consider strategic options, including a potential sale or merger, to maximize shareholder value.
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